Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.61% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $80.00 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 58.75 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Thomas Carroll, Prudential Auditor Who Romanced Star, Dies at 72
Mon, 18 Aug 2014 20:20:05 GMT
Exclusive – AIG boosting Washington lobbying effort as hiatus prompted by crisis ends
Fri, 15 Aug 2014 20:59:12 GMT
PRUDENTIAL FINANCIAL INC Financials
Fri, 15 Aug 2014 17:04:22 GMT
Analysis – Smaller banks see regulatory relief after US elections
Fri, 15 Aug 2014 05:57:39 GMT
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Financial Statements and Exhibits
Thu, 14 Aug 2014 20:17:13 GMT
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