Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 19.33% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $75.00 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 68.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Pru drops opposition to stricter oversight
Fri, 18 Oct 2013 22:14:35 GMT
Financial Times – Prudential Financial, the US insurer, has dropped its opposition to being designated a “systemically important financial institution”, in a blow to other non-bank financial groups that are trying …
Prudential says will not appeal U.S. council's systemic tag
Fri, 18 Oct 2013 21:47:39 GMT
Prudential says will not appeal U.S. council's systemic tag
Fri, 18 Oct 2013 21:47:23 GMT
Reuters – Prudential Financial said it will not ask a federal court to overturn a designation by the U.S. risk council that will subject the company to strict capital requirements and oversight by the Federal Reserve. …
Prudential says will not appeal US council's systemic tag
Fri, 18 Oct 2013 21:46:47 GMT
Reuters – Prudential Financial said it will not ask a federal court to overturn a designation by the U.S. risk council that will subject the company to strict capital requirements and oversight by the Federal Reserve. …
Prudential drops challenge to gov't oversight
Fri, 18 Oct 2013 21:11:39 GMT
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