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 16.55% return on risk over the next 37 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 $0.71 would be kept by the premium seller. The risk of $4.29 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Prudential
PRUDENTIAL FINANCIAL INC Financials
Thu, 14 Nov 2013 18:04:17 GMT
Prudential CEO Sees Future in Retaining U.S. Jackson Life Unit
Thu, 14 Nov 2013 15:33:31 GMT
Bloomberg – Prudential Plc Chief Executive Officer Tidjane Thiam said the U.S. business has a “great future” in the company, damping speculation he may follow European competitors in selling the North American unit….
Prudential Raises Dividend
Wed, 13 Nov 2013 23:20:01 GMT
Zacks – Following a strong third quarter 2013 earnings performance, Prudential Financial approved a 32.5% increase in its quarterly dividend to 53 cents per share.
PREI® launches fifth U.S. property fund with acquisitions in San Diego, San Francisco, and New York City
Wed, 13 Nov 2013 14:30:00 GMT
Business Wire – Prudential Real Estate Investors, continuing its successful series of closed-end real estate funds managed on behalf of German investors, has acquired several properties following the recent closing of its $430 million U.S.
Prudential Individual Life Insurance names Ann Nanda to lead institutional sales
Tue, 12 Nov 2013 21:37:00 GMT
Business Wire – Prudential Individual Life Insurance, a business of Prudential Financial, Inc. , has named Ann Nanda Vice President of Institutional Sales. In this role, she is responsib
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