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 19.05% return on risk over the next 11 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 $0.80 would be kept by the premium seller. The risk of $4.20 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 29.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Six days of sell imbalances in stocks
Wed, 06 Aug 2014 13:00:57 GMT
Q2 2014 Prudential Financial, Inc. Earnings Release – After Market Close
Wed, 06 Aug 2014 11:07:01 GMT
[$$] More Insurers to Waive Right to Dismiss Flight 17 Claims
Wed, 06 Aug 2014 09:57:23 GMT
Will Low Rates Drag Prudential Financial (PRU) Q2 Earnings?
Tue, 05 Aug 2014 18:50:02 GMT
Prudential Investments launches new real estate fund
Tue, 05 Aug 2014 15:00:00 GMT
Business Wire – Prudential Investments has launched the Prudential Select Real Estate Fund , a fund that offers investors the potential to generate capital appreciation and income by investing primarily in publicly traded equity securities of real estate companies.
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