The market has been high on PNC Financial Services Group Inc (PNC) stock recently. PNC gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With PNC Stock Today?
PNC Financial Services Group Inc (PNC) stock is trading at $173.91 as of 1:03 PM on Thursday, Apr 15, a drop of -$5.45, or -3.04% from the previous closing price of $179.36. The stock has traded between $172.12 and $178.54 so far today. Volume today is 1,579,717 compared to average volume of 1,917,766.
To see InvestorsObserver's Sentiment Score for PNC Financial Services Group Inc click here.
More About PNC Financial Services Group Inc
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking. PNC has 2,300 branches in 21 states and the District of Columbia and is the seventh-largest U.S. bank by assets.
Click Here to get the full Stock Score Report on PNC Financial Services Group Inc (PNC) Stock.
