Prudential's most recent trend suggests a bearish bias. One trading opportunity on Prudential is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 16.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $92.50 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 59.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
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Prudential Short Duration High Yield Fund Reports Unaudited Earnings
Mon, 08 Dec 2014 22:13:06 GMT
noodls – 04 December 2014 NEWARK, N.J. – Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) (the “Fund”), a diversified, closed-end management investment company, announced today its unaudited …
Prudential Financial recognized as one of America’s most community-minded companies, named to Civic 50 list by Bloomberg LP and Points of Light
Mon, 08 Dec 2014 15:47:12 GMT
noodls – 08 December 2014 Prudential Financial recognized as one of America's most community-minded companies, named to Civic 50 list by Bloomberg LP and Points of Light NEWARK, N.J., December 08, 2014 – Prudential …
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