The PNC Financial Services Group, Inc. is a diversified financial company. Co. is engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of its products and services nationally. Co.'s retail branch network is located coast-to-coast. Co. has three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group. Retail Banking provides deposit, lending, brokerage, insurance services, investment management and cash management products and services to consumer and small business customers.
When researching a stock like PNC Financial Services Group, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PNC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PNC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PNC 200 day moving average ("PNC 200 DMA"), while one of the most popular "shorter look-backs" is the PNC 50 day moving average ("PNC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for PNC Financial Services Group. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the PNC 200 DMA and the PNC 50 DMA, we get a moving average convergence divergence indicator ("PNC MACD"). The PNC MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis