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 19.33% return on risk over the next 8 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 $0.81 would be kept by the premium seller. The risk of $4.19 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 56.03 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Prudential
Sherrod Brown to be top Democrat on Banking Committee
Fri, 12 Dec 2014 21:08:26 GMT
Prudential bulls refuse to back down
Fri, 12 Dec 2014 18:19:18 GMT
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Financial Statements and Exhibits
Thu, 11 Dec 2014 21:49:45 GMT
Prudential Financial, Inc. 2015 Financial Outlook Call materials available
Thu, 11 Dec 2014 16:13:15 GMT
noodls – NEWARK, N.J.–(BUSINESS WIRE)–Dec. 11, 2014– Presentation materials for the Prudential Financial, Inc. (NYSE:PRU) 2015 Financial Outlook Call commencing today at 11:00 a.m. ET, are available at Prudential's …
Prudential Financial Inc Conference Call to Discuss 2015 Financial Outlook scheduled for 11:00 am ET today
Thu, 11 Dec 2014 16:00:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook