PNC Financial Services (PNC): Is This Bank’s Stock Worth a Short?

Table of Contents


All articles are for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade or investments.


All articles are for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade or investments.

Table of Contents

This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.

The banking saga is far from over.

Regulators in the US are paying more attention to the banks in a bid to avoid a repeat of the meltdown.

As investigations continue, the shares of most banks are being dumped.

Today, you’ll be discovering if the shares of PNC Financial Services provide a shorting opportunity.


Brief History of PNC Financial Services

PNC Financial Services Logo


PNC Financial Services was founded in 1852.

In the period of the Great Depression, PNC Financial Services began offering loads to consumers with a simple approval process. It was such a phenomenon that other banks followed suit.

Over time, through mergers and acquisitions, PNC Financial Services grew to become the behemoth it is today, with a market capitalization of more than $45b.


Business Model and Financials

PNC Financial Services income statement


In this section, we will do a quick fundamental check.

What do you notice about PNC Financial Services’ total revenue represented by the bars in blue?

Its total revenue increased from 2017 to 2019 before taking a hit in 2020 due to COVID-19. It has since recovered and even surpassed its best year in 2019!

Can the same be said of its net income (shown by the bar in yellow)?

After growing by 37% in 2017, it stagnated in 2018 and 2019 before exploding 40%. Since then, its net income has been inconsistent despite a healthy growth in its total revenue.

This is potentially a cause for concern.

Therefore, are the shares of PNC Financial Services a good candidate for a short position trade?


Technical Analysis on PNC Financial Services (NYSE: PNC)

Chart of PNC Financial Services

When you’re looking for shorting opportunities, you’re looking for stocks that are likely to fall in price, and continue for a while to help you profit.

Looking at the daily chart of PNC Financial Services, you can tell that it’s in a downtrend.

Without having to plot support and resistance zones, you can tell that the time to short its shares is ripe.


By looking at these 2 indicators: red arrow and Trend Impulse Factor.

For a short trade that’s ripe, you’ll want to see a red arrow above its latest candle and its Trend Impulse Factor bar in dark green.

This is because the red arrow indicates a fresh downtrend, while the dark green bar of its Trend Impulse Factor indicator suggests that the bearish momentum is here to stay.

And both indicators are showing that the time to short PNC Financial Services’ shares is here!




PNC Financial Services started off nearly 200 years ago and has been growing steadily to become such a behemoth.

The bank’s net income has been fluctuating, and this doesn’t bode well.

Looking at its price chart, a shorting opportunity is present.

Both the arrow and Trend Impulse Factor indicator have been tested and proven. They form the TradersGPS (TGPS) system to help you decipher if a stock is ripe for a position trade. You won’t have to feel in the dark and make wild guesses.


If you’re struggling to make money from the market, just do this ONE thing in 2023:

If you’re like most people, you probably think that building a profitable side income stream from the stock market is something that is extremely difficult to achieve, and time-consuming as well.

And you probably know that one friend or relative who has lost a lot of hard-earned money to the market despite being ‘experienced’.

And especially since 2022 was a time when we saw many people in the red, bag-holding 20-80% losses…

It’s understandable to see why most people have such a grudge towards the idea of profiting from the market.

But what if I told you that amongst the many skills required to be profitable in trading…

There is one simple skill that will never make you feel that making money in the stock market is difficult ever again?

A skill that, if mastered, can dramatically increase your chances of success in the stock market.

I’m talking about the skill of identifying the right strong stocks.

If you have heard of this before but still do not have it figured out yet, let today be the day you get it right.

You see, the #1 problem with most ‘experienced’ traders who just can’t seem to make money consistently from the market despite having consumed tons of learning resources & materials is not because there is a problem with their strategies.

It’s because unbeknownst to them, they are constantly buying the WRONG stocks.

Stocks that have very bad set-ups, price movement, and in general just a low probability of moving in the direction you wish for.

In fact, this process of picking the right stocks is a crucial step that most people don’t even think about.

Ask yourself this, what is your current process for knowing what stocks to buy?

Companies that you like such as TSLA, META, AAPL etc..?

Stocks that your friends tell you to buy?

Stocks that you read about in financial news, blogs or Youtube videos?

Or even stocks that you spend hours reading up their financial reports and doing fundamental analysis?

If you have done any one of the above, you are making a dangerous mistake and that has to change.

Knowing how to pick strong stocks with the highest profit potential using a proper proven strategy is half the battle won.

It instantly eliminates any potential ‘bad characteristics’ of the stock and significantly increases your chances of being right in the trade.

Once you know how to pick strong, potential stocks, whatever comes after (knowing when to buy or sell) becomes a breeze and you can start expecting to see real, consistent results.

That’s how exactly I was able to still execute 20-40% and higher trades last year when the entire market was down.

So if you think profitable trading is difficult, think again.

I’ve trained thousands of students who started off with complete 0 experience and whose portfolio results are now lightyears ahead of their peers who started learning years before them.

That’s the power of mastering this very simple skill of identifying the right strong stocks.

It literally gives you the weapon to be able to profit in all sorts of market conditions, because opportunities are ALWAYS in the market. It’s all about knowing how to find them!

I hope you’ve learnt this very important lesson today, but more importantly, take action in pursuing the mastery of this skill.

I have an upcoming free LIVE training demonstrating my exact process on how I find strong stocks in less than 15 minutes using a very simple strategy.

What I will be revealing is a tested and proven counter-intuitive approach that you’ve probably never seen before, and it’s something you can apply almost immediately.

So if you’re excited to cut through the B.S and master the intricate skill of profitable trading…

Register your seats here and join me LIVE very soon!

P.S You can also get to ask me any stocks you are currently thinking of buying and I’ll show you if it’s a strong stock and whether the odds are stacked in your favour or not!


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Eric Lim

Having being coached in trading and in many aspects of life, Eric is a firm believer of success being the result of having a strong foundation. Hardwork, dedication, and practice are essential ingredients. He's always fascinated by the stock market and enjoys sharing his knowledge and discovery of the markets as a form of giving back to society. Swing and position trading are his favorite trading strategies.

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