Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 5.93% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $77.50 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 at 54.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Facebook to Buy Virtual Reality Firm for $2 Billion
Wed, 26 Mar 2014 02:57:53 GMT
The Wall Street Journal – Facebook agreed to buy Oculus VR, a virtual-reality company, for a total of about $2 billion in cash and stock.
Wall Street Banks Cut Out of Prized Commercial Mortgages
Tue, 25 Mar 2014 15:04:56 GMT
Wall Street Banks Cut Out of Prized Commercial Mortgages
Tue, 25 Mar 2014 15:04:56 GMT
MetLife’s CEO Frustrated on Capital Amid Uncertainty
Tue, 25 Mar 2014 12:51:47 GMT
Prudential Financial Inc.: A Bond Market View
Fri, 21 Mar 2014 04:26:58 GMT
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