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 16.01% return on risk over the next 17 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 $0.69 would be kept by the premium seller. The risk of $4.31 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 57.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Prudential’s Terry Albarella wins Trailblazer Award from Re:Gender
Wed, 02 Apr 2014 16:56:00 GMT
Business Wire – Terry Albarella, vice president, Information Systems at Prudential Financial, Inc. , was presented with the Trailblazer Award last month at Re:Gender’s awards dinner in New York City.
PREI® and APG launch $366.7 million PRECap V debt vehicle to invest in the Netherlands
Wed, 02 Apr 2014 06:00:00 GMT
Business Wire – Prudential Real Estate Investors and Algemene Pensioen Groep have launched Pramerica Real Estate Capital V . PREI® raised $366.7 million of discretionary capital of which the majority is provided by APG, the leading pension fund manager in the Netherlands, which has more than $477.3 billion of assets under management.
Prudential Short Duration High Yield Fund, Inc. reports unaudited earnings and financial position for quarter ended February 28, 2014
Tue, 01 Apr 2014 20:05:00 GMT
Business Wire – Prudential Short Duration High Yield Fund, Inc. , , a diversified, closed-end management investment company, announced today its unaudited investment results
Prudential Financial To Announce First Quarter 2014 Earnings; Schedules Conference Call
Tue, 01 Apr 2014 15:30:00 GMT
Business Wire – Prudential Financial, Inc. will release its first quarter 2014 earnings on Wednesday, May 7, 2014, after the market closes. The earnings news release, financial suppleme
Prudential Hires Hartford’s Arcieri for Fixed-Income Post
Mon, 31 Mar 2014 16:29:02 GMT
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