PRU - Prudential Financial Inc

Industry: Life Insurance Sector: Financial Exchange: NYSE

PRU - Prudential Financial Inc

Industry: Life Insurance Sector: Financial Exchange: NYSE
#1639()/7535

Wed 17'th Oct 2018

PERIOD 2018-07-18 - 2018-10-17
CHANGE 1.91%
PRICE $99.70
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Request Prediction
0.00%
Predict

Prudential Financial Inc Stock Analysis

Technical stock analysis for Wed 17'th Oct 2018

Hold candidate since 2018-10-16 Gain 1.91%
Shorts 1.90% ( 2018-09-28 )
Cash n/a
Loans 41 098.0 mill
Beta 1.46
ROA 0.91

Prudential Financial Inc gained 1.91% in the last trading day, rising from $97.83 to $99.70 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has fallen in 6 of the last 10 days and is down by -2.67% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.73 million more shares were traded than the day before. In total, 2.44 million shares bought and sold for approximately $243.66 million.

Trend

Prudential Financial Inc lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.33% during the next 3 months and, with 90% probability hold a price between $101.76 and $111.08 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday October 15, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Prudential Financial Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $100.22 and $100.70. A break-up above any of these levels will issue buy signals.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 46 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Prudential Financial Inc finds support from accumulated volume at $99.67.

Support: $99.67 Price: $99.70 Resistance: $99.88

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.15 (3.22%) between high and low. For the last week, the stock has had a daily average volatility of 2.82%.

Our recommended stoploss: $94.19 (-5.53%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Prudential Financial Inc holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development.

Hold/Accumulate

Click for Top 5 Hold/Accumulates
PRU $99.70 $1.87(1.91%)
PRU is up $1.87 today, but where's it headed in November?
Zacks Investment Research is releasing its prediction for PRU based on the 1-3 month system that more than doubles the S&P 500.

Click here – the PRU analysis is free »

Last donation

Do you find our website useful too?
Help us improve by making a small donation or
Get PRO features

Proudly made at


in partnership with
START FREE 5-DAY TRIAL