EMA Crossover Fuels PNC Move to $222.89
The stock of PNC Financial Services Group Inc (PNC) climbed 0.38% to close at $222.89 on April 16.
The technical picture is bullish:
Moving Averages
Price trades above the 9-day EMA ($219.33) with a bullish stack. The 21-day EMA at $215.18 provides support.
Momentum
RSI at 67.1 is neutral but improving. MACD reads 3.13 against its 1.26 signal line (bullish).
Volatility
Bollinger Band width at 15.1% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Watch $195.87 as support and $227.94 as resistance.
