Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 10.38% 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 $77.50 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $72.50 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 65.22 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 To Announce Third Quarter 2013 Earnings and 2014 Financial Outlook; Schedules Expanded Conference Call
Thu, 17 Oct 2013 20:07:00 GMT
Business Wire – Prudential Financial, Inc. will release its third quarter 2013 earnings on Wednesday, November 6, 2013, after the market closes. The earnings news release, financial sup
Everything You Need to Know About Insurers: Life and Health
Wed, 16 Oct 2013 19:02:03 GMT
Motley Fool – With names like AIG, MetLife, Aflac, Prudential, and ING US, the life and health sector of the insurance industry is full of heavy-hitting companies that offer investors lots of profitable opportunities….
MullinTBG Welcomes Seven New Industry Professionals to Sales and Service Teams
Mon, 14 Oct 2013 15:10:00 GMT
Business Wire – MullinTBG recently added a group of experienced industry professionals to their sales and client services departments to help support the firm’s new business development initiatives and growing client base.
Prudential Upped to Outperform
Fri, 11 Oct 2013 13:50:03 GMT
Zacks – We upgrade our recommendation on Prudential Financial, reflecting our optimism about the company's growth prospects.
Prudential plc: Up 40% In A Year And Still A Buy
Thu, 10 Oct 2013 15:58:43 GMT
Motley Fool – Prudential plc (LON: PRU) has been a soaraway success over the last five years, but Harvey Jones says there is more excitement to come.
Also on Market Tamer…
Follow Us on Facebook