Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 18.48% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $77.50 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 53.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
PRUDENTIAL FINANCIAL INC Files SEC form 8-K/A, Change in Directors or Principal Officers, Financial Statements and Ex
Tue, 18 Feb 2014 21:15:24 GMT
Prudential Financial to host 2014 Financial Strength Symposium
Tue, 18 Feb 2014 17:52:16 GMT
noodls – NEWARK, N.J.–(BUSINESS WIRE)–Feb. 18, 2014– Prudential Financial, Inc. (NYSE:PRU) will host a symposium for fixed income analysts and investors in New York City, on Wednesday, June 4, 2014, following …
Prudential Financial to host 2014 Financial Strength Symposium
Tue, 18 Feb 2014 16:00:00 GMT
Business Wire – Prudential Financial, Inc. will host a symposium for fixed income analysts and investors in New York City, on Wednesday, June 4, 2014, following Investor Day. At this conference, members of the senior management team will discuss the company’s businesses, strategies and financial position.
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