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 10.86% return on risk over the next 16 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 $0.49 would be kept by the premium seller. The risk of $4.51 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 63.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Fed governor says central bank limited in promoting financial stability
Wed, 03 Dec 2014 21:32:55 GMT
Guess who’s opposed to corporate tax reform: Corporations
Wed, 03 Dec 2014 20:14:33 GMT
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Other Events
Tue, 02 Dec 2014 21:08:33 GMT
Thought Leader of the Week: Jamie Kalamarides
Mon, 01 Dec 2014 18:42:44 GMT
noodls – Congress may be spurred to action by influx of multiple employer plan bills “While the 401(k) system is working for the millions of workers employed by large employers, employees working for small …
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Financial Statements and Exhibits
Fri, 28 Nov 2014 21:38:32 GMT
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