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 16.01% return on risk over the next 37 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 $0.69 would be kept by the premium seller. The risk of $4.31 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 71.67 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, Submission of Matters to a Vote of Security Holders
Wed, 13 May 2015 10:14:34 GMT
Newark’s Military Park to Host National Park Trust’s U.S. Kick Off for ‘2015 Kids to Parks Day’
Tue, 12 May 2015 20:37:00 GMT
Business Wire – Ceremony followed by children’s activity stations including yoga, line dancing, and learning/activity stations hosted by Military Park Partnership, National Park Service, Newark Yoga Movement, Greater Newark Conservancy, Essex County Environmental Center, City of Newark Department of Recreation.
Prudential Financial Declares Quarterly Dividend on Common Stock
Tue, 12 May 2015 20:26:25 GMT
noodls – NEWARK, N.J.–(BUSINESS WIRE)–May 12, 2015– Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.58 per share of Common Stock, payable on June 18, 2015, …
Prudential Financial Declares Quarterly Dividend on Common Stock
Tue, 12 May 2015 20:07:00 GMT
Business Wire – Prudential Financial, Inc. announced today the declaration of a quarterly dividend of $0.58 per share of Common Stock, payable on June 18, 2015, to shareholders of record at the close of business on May 26, 2015.
Prudential Mortgage Capital Company Expands Originations Team
Tue, 12 May 2015 15:05:00 GMT
Business Wire – Prudential Mortgage Capital Company announced today that Trevor Tolbert joined the firm as a director responsible for originating multifamily and healthcare loans. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc.
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