Prudential's most recent trend suggests a bearish bias. One trading opportunity on Prudential is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 12.36% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Prudential is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Prudential is bearish.
The RSI indicator is at 38.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
U.S. financial risk council to review asset management
Thu, 31 Jul 2014 22:28:39 GMT
Reuters – The top U.S. regulatory panel tasked with policing the safety of the financial system said on Thursday it is launching a review of potential risks in the asset management industry. Instead, the review was focused on “industry-wide products and activities”, the FSOC's statement said. FSOC said it had agreed in its closed-door meeting not to rescind the designations of two other non-banks, American International Group and GE Capital. FSOC has to renew the designations each year.
Asset managers may escape systemic label
Thu, 31 Jul 2014 21:39:21 GMT
Financial Times – Large asset managers, including BlackRock and Fidelity, have for now escaped being labelled ‘systemically important' as regulators lifted the threat of costly new supervision. The Treasury-led Financial …
The Insurance Industry Is Risky. Federal Regulation May Be the Answer
Thu, 31 Jul 2014 19:00:52 GMT
BusinessWeek – Why insurers should be kept on a shorter leash
MetLife (MET) Q2 Earnings Miss Despite Derivative Gains
Thu, 31 Jul 2014 13:05:03 GMT
Genworth Financial Tanks On Long-Term Healthcare Risk
Wed, 30 Jul 2014 17:17:00 GMT
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