Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 5.71% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Prudential is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Prudential is bullish.
The RSI indicator is at 64.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Prudential Financial Well Placed on Expanded Market Reach
Wed, 20 Aug 2014 21:11:18 GMT
Fund firms demand greater say in U.S. risk council designations
Wed, 20 Aug 2014 18:03:23 GMT
Reuters – The groups asked that the Financial Stability Oversight Council (FSOC) change its rules by which it designates firms as “systemically important”, a tag that subjects them to far tougher capital and risk management requirements. The Treasury did not have an immediate comment. Asset managers and insurance firms have been fighting the designations, saying it does not make sense to subject them to the same capital standards as the large Wall Street banks that were at the heart of the 2007-09 financial crisis. In their petition, the groups said that FSOC's process by which it designates firms is opaque, asking the council – which is chaired by Treasury Secretary Jack Lew – to allow companies and their primary regulators to give more input.
Prudential Financial to host Tokyo Investor Day for Institutional Investors and Analysts
Wed, 20 Aug 2014 16:41:37 GMT
noodls – 20 August 2014 NEWARK, N.J., August 20, 2014 – Prudential Financial, Inc. (NYSE:PRU) will host a conference for institutional investors and analysts in Tokyo, Japan, on Thursday, September 18, 2014, beginning …
Prudential Financial to host Tokyo Investor Day for Institutional Investors and Analysts
Wed, 20 Aug 2014 14:30:00 GMT
Business Wire – NEWARK, N.J.–(BUSINESSWIRE)– Prudential Financial, Inc. (NYSE:PRU) will host a conference for institutional investors and analysts in Tokyo, Japan, on Thursday, September 18, 2014, beginning at 8:30 …
Prudential Financial to host Tokyo Investor Day for Institutional Investors and Analysts
Wed, 20 Aug 2014 14:30:00 GMT
Business Wire – Prudential Financial, Inc. will host a conference for institutional investors and analysts in Tokyo, Japan, on Thursday, September 18, 2014, beginning at 8:30 a.m. local
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