The Relative Strength (RS) Rating for PNC Financial Services moved into a higher percentile Tuesday, as it got a lift from 67 to 71.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique rating tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating of over 80 as they launch their biggest climbs. See if PNC Financial Services can continue to show renewed price strength and hit that benchmark.
PNC Financial Services is trying to complete a consolidation with a 216.26 buy point. See if it can break out in volume at least 40% higher than normal.
While sales growth fell last quarter from 6% to 5%, the bottom line grew 17%, up from 4% in the previous report.
The company earns the No. 2 rank among its peers in the Banks-Super Regional industry group. Regions Financial is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Stocks With Rising Relative Strength Ratings
