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Archive - 6/5/2026 - Sign In to see current Signals. |
PNC Bank Corp. (PNC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :      Move cursor over the icon to see details.
| | It was a third consecutive positive week for the PNC Bank Corp. (PNC). During the week, the PNC gained 7.25 points, or 3.28%, and closed at 228.37 on Friday, June 5, 2026. It was the best weekly gain since April 10, 2026. Weekly volume was -23% below average. PNC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PNC long-term trend chart] A long-term uptrend had started on March 6, 2009 at 16.20 and reached 243.94 on February 6, 2026. PNC gained -227.74 points, or -1405.80%, in 883 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 121.37 and resistance is at 316.33. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See PNC medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 145.10 and reached 243.94 on February 6, 2026. PNC gained -98.84 points, or -68.12%, in 43 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 214.92 and resistance is at 271.12. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PNC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 6, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See PNC short-term trend chart] A short-term downtrend had started on February 6, 2026 at 243.94 and reached 197.56 on March 19, 2026. PNC lost 46.38 points, or 19.01%, in 41 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (214.81) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. PNC may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See PNC daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since May 21, 2026. The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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