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 13.9% return on risk over the next 37 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 $0.61 would be kept by the premium seller. The risk of $4.39 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 47.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Prudential
Analysis – Smaller banks see regulatory relief after US elections
Fri, 15 Aug 2014 05:57:39 GMT
Prudential Individual Life Insurance names Randy Zipse Vice President, Advanced Markets
Thu, 14 Aug 2014 22:18:57 GMT
noodls – 14 August 2014 NEWARK, N.J. – Randy Zipse has been appointed as Vice President, Advanced Markets for Prudential Individual Life Insurance, a business unit of Prudential Financial, Inc. (NYSE:PRU). In his …
PRUDENTIAL FINANCIAL INC Files SEC form 8-K, Financial Statements and Exhibits
Thu, 14 Aug 2014 20:17:13 GMT
Prudential Retirement adds new plan sponsor client Pittsburgh Glass Works
Thu, 14 Aug 2014 13:00:00 GMT
Business Wire – Prudential Retirement announced today that it has added new plan sponsor client Pittsburgh Glass Works, LLC, a manufacturer and distributor of automotive glass products. Prudential Retirement is a business unit of Prudential Financial, Inc.
Mori Trust in talks to buy Lone Star $1 bln Tokyo property -sources
Thu, 14 Aug 2014 10:10:52 GMT
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