Prudential's most recent trend suggests a bearish bias. One trading opportunity on Prudential is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 17.37% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock rose above the $87.50 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 26.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Prudential Retirement adds new plan sponsor client Faurecia, Hartford HealthCare consolidates, adding 20 defined contribution plans
Tue, 15 Apr 2014 13:05:00 GMT
Business Wire – Prudential Retirement announced today that it has added new plan sponsor client Faurecia and that Hartford HealthCare has consolidated 20 defined contribution retirement plans to Prudential Retirement.
Prudential shares tips on working with a financial professional during ‘Financial Literacy Month’
Tue, 15 Apr 2014 13:00:00 GMT
Business Wire – Most Americans don’t work with a financial professional even though those who do are more likely to feel confident about achieving financial goals, engage in good financial plannin
The Heroes Project and Prudential support Charlie Linville, a veteran who is disabled, on his climb to the peak of Mt. Everest
Mon, 14 Apr 2014 17:18:00 GMT
Business Wire – NEWARK, N.J.–(BUSINESSWIRE)– The Heroes Project and Prudential Financial, Inc. (NYSE:PRU – News) have partnered to support USMC Staff Sergeant Charlie Linville (retired), a veteran who is disabled, as he climbs to the peak of Mt. Everest, the world’s highest mountain. The trek – “Operation Everest: 2014” – is the latest undertaking from The Heroes Project, a nonprofit organization that takes military service members, who have been severely wounded or suffer disabilities, on transformational climbs to the world’s seven highest summits. As a “Summit Sponsor,” Prudential has donated $100,000 for the cost of Linville’s training and equipment. On January 20, 2011, while conducting an IED sweep in Afghanistan, Linville was hit by an explosive device. He suffered head trauma and devastating injuries to his right foot and hand.
The Heroes Project and Prudential support Charlie Linville, a veteran who is disabled, on his climb to the peak of Mt. Everest
Mon, 14 Apr 2014 17:18:00 GMT
Business Wire – The Heroes Project and Prudential Financial, Inc. have partnered to support USMC Staff Sergeant Charlie Linville , a veteran who is disabled, as he climbs to the peak of Mt.
Health care reform spurs move to defined contribution benefits model
Mon, 14 Apr 2014 13:00:00 GMT
Business Wire – Full implementation of the Affordable Care Act by 2015 is prompting employers to rethink the way they offer benefits, with many increasingly eyeing a transition to defined contribution benefit models.
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