Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 21.07% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $75.00 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 at 48.12 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
Prudential Financial, Inc. to hold 2014 New York Investor Day; live webcast available
Wed, 21 May 2014 14:30:00 GMT
Business Wire – Prudential Financial, Inc. will hold its New York conference for institutional investors and analysts on Wednesday, June 4, 2014. On that date, beginning at 8:30 a.m., the general public is invited to access a live webcast and presentation materials on the Investor Relations website at www.investor.prudential.com.
Prudential report takes an in-depth look at the impact of chronic illness care
Tue, 20 May 2014 13:00:00 GMT
Business Wire – Family care has become even more important as fewer and fewer people are cared for in nursing homes, according to The 5 Ws of Chronic Illness Care, a white paper released today by Prudential Individual Life Insurance, a business of Prudential Financial, Inc.
A.M. Best Assigns Ratings to Prudential Financial Inc.’s New Senior Notes
Mon, 19 May 2014 19:46:00 GMT
Business Wire – A.M. Best has assigned debt ratings of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. . The securities were issued in two tranches: $700 million 3.5% 10-year notes and $500 million 4.6% 30-year notes.
U.S. court faults SEC trial strategy against broker, tosses verdict
Mon, 19 May 2014 17:32:30 GMT
Reuters – Faulting the U.S. Securities and Exchange Commission's trial strategy, a federal appeals court on Monday overturned a jury's finding that a former Prudential Securities broker committed civil fraud by rapidly trading mutual funds. The 2nd U.S. Circuit Court of Appeals in Manhattan said the evidence did not support a December 2011 negligence verdict against Frederick O'Meally, and that the case should be dismissed. Circuit Judge Dennis Jacobs wrote for a three-judge panel that “the SEC ultimately succumbs to its strategic choice” to have pursued an all-or-nothing strategy seeking to hold O'Meally liable for intentional or reckless conduct, not mere negligence.
Will This Analyst Move Help Prudential Financial (PRU) Stock Today? (Update)
Mon, 19 May 2014 13:26:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook