Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 9.41% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $82.50 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 73.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Prudential Retirement announces 2014 East Client Conference winners
Tue, 24 Jun 2014 13:00:00 GMT
Business Wire – Five plan sponsors were honored with Prudential Retirement’s ‘Day One Retirement Innovator Award.’ The award recognizes plan sponsors who have demonstrated and implemented new ways of thinking that led to improved outcomes, and resulted in plan participants who have successfully reached Day One of retirement.
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Fri, 20 Jun 2014 16:05:00 GMT
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