Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 17.65% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $67.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Prudential
[$$] ‘Direct’ Repo Loans Gaining Traction as Banks Step Back
Thu, 21 Jul 2016 04:47:14 GMT
The Wall Street Journal – Money-market funds are increasingly entering into repurchase loans directly with large investors and insurers, the latest sign that participants in short-term lending markets are sidestepping “repo” deals …
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Regulation FD Disclosure
Tue, 19 Jul 2016 20:22:36 GMT
Prudential Retirement taps Jamie Kalamarides to lead Full Service Solutions
Mon, 18 Jul 2016 14:00:00 GMT
Business Wire – Prudential Retirement, a business of Prudential Financial, Inc. , has named Jamie Kalamarides head of its newly created Full Service Solutions business, which delivers retirement plan solutions for public, private and non-profit organizations.
Consumers, Banks as Signs of U.S. Economic Optimism
Fri, 15 Jul 2016 13:24:51 GMT
Prudential Financial, Inc. breached its 50 day moving average in a Bullish Manner : PRU-US : July 15, 2016
Fri, 15 Jul 2016 12:18:35 GMT
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