PNC Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Implied volatility is currently high, suggesting traders anticipate potential price movement. If PNC maintains strong earnings and market conditions stabilize, upward price momentum is likely, benefiting call options.




Bearish Case: Market uncertainty remains elevated, with flat term structures indicating potential stagnation. Continued economic pressures could exacerbate volatility, resulting in further downside risk for PNC's stock price.




Potential Outcomes:

1. Bullish scenario (35%) - Strong earnings leads to price appreciation.

2. Bearish scenario (40%) - Market turbulence drives price down.

3. Neutral scenario (25%) - Indeterminate conditions stabilize prices.




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October 23, 2024


PNC Financial Services Forecast

PNC        PNC Financial Services











Correlated Assets

Assets that tend to move strongly with PNC



TFC Forecast + Options Trading Strategies   TFC  Truist Financial (0.96)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.95)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.93)


HIW Forecast + Options Trading Strategies   HIW  Highwoods Properties (0.93)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.92)



Uncorrelated Assets

Assets with little price relationship to PNC



TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (0.0)


HSY Forecast + Options Trading Strategies   HSY  Hershey (0.0)


MP Forecast + Options Trading Strategies   MP  MP Materials (-0.0)


STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (-0.0)


CRWD Forecast + Options Trading Strategies   CRWD  Crowdstrike (0.01)



Anticorrelated Assets

Assets that tend to move strongly against PNC



SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (-0.83)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.83)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.83)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.84)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


PNC News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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