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 16.55% return on risk over the next 19 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 $0.71 would be kept by the premium seller. The risk of $4.29 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 73.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Will Prudential Financial (PRU) Earnings Surprise in Q3?
Mon, 03 Nov 2014 20:20:02 GMT
MetLife to meet skeptical regulators in bid to escape rules
Mon, 03 Nov 2014 06:00:00 GMT
Reuters – MetLife will meet behind closed doors the heads of the agencies grouped together in the Financial Stability Oversight Council (FSOC), who want the Federal Reserve to oversee MetLife's business and force it to meet higher capital standards. Metlife, unlike counterparts AIG and Prudential which have already been deemed “systemic” by FSOC, has vigorously fought the tag. After FSOC in September proposed to add MetLife to that group, the insurer's chief executive Steven Kandarian hit back. He issued a statement saying MetLife was a source of strength during the 2008 financial crisis and that the insurer was “not ruling out any of the available remedies.”
MetLife Losing Pension Deals to Prudential Cites Margin of Error
Thu, 30 Oct 2014 15:29:57 GMT
Prudential Retirement honors three plan sponsors with Day One Award
Wed, 29 Oct 2014 13:34:28 GMT
noodls – 29 October 2014 Plan sponsors presented with awards at Prudential's 2014 West Client Conference NEWARK, N.J., October 29, 2014 – Recognizing plan sponsors who have demonstrated and implemented innovative …
Prudential Retirement honors three plan sponsors with Day One Award
Wed, 29 Oct 2014 13:00:00 GMT
Business Wire – Recognizing plan sponsors who have demonstrated and implemented innovative thinking, Prudential Retirement recently honored three employers with Day One Awards. Those receiving the awards are helping their plan participants to successfully prepare for Day One of retirement and all the days that follow.
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