RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PRU.L
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Red day on Wednesday for Prudential Financial Inc stock after losing 0.709%
(Updated on Mar 27, 2024)

Sell candidate since Mar 14, 2024 Loss -5.38% PDF

The Prudential Financial Inc stock price fell by -0.709% on the last day (Wednesday, 27th Mar 2024) from £761.20 to £755.80. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.17% from a day low at £747.80 to a day high of £764.00. The price has fallen in 8 of the last 10 days and is down by -6.39% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 million shares and in total, 29 million shares were bought and sold for approximately £22.00 billion.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.24% during the next 3 months and, with a 90% probability hold a price between £656.78 and £741.99 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PRU.L Signals & Forecast

There are mixed signals in the stock today. The Prudential Financial Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 £764.94 and £791.38. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 1.42%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Prudential Financial Inc stock

Prudential Financial Inc finds support from accumulated volume at £745.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £16.20 (2.17%) between high and low. For the last week, the stock has had daily average volatility of 2.50%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PRU.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Prudential Financial Inc to open at £755.87, and during the day (based on 14 day Average True Range), to move between £733.02 and £778.58, which gives a possible trading interval of +/-£22.78 (+/-3.01%) up or down from last closing price. If Prudential Financial Inc takes out the full calculated possible swing range there will be an estimated 6.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £759.00 (0.42%) than the support at £745.20 (1.40%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Prudential Financial Inc stock A Buy?

Prudential Financial Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.777 Sell Candidate Unchanged

Predicted Opening Price for Prudential Financial Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£755.87 ( 0.0088%) £755.80

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PRU.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 772.07 2.15 %
R2 765.88 1.33 %
R1 762.06 0.83 %
Current price: 755.80
Support S1 749.68 -0.81 %
S2 745.86 -1.32 %
S3 739.67 -2.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 814.60 7.78 %
R2 761.20 0.714 %
R1 759.00 0.423 %
Current price 755.80
Support S1 745.20 -1.40%
S2 0 .
S3 0 .

PRU Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 May 16, 2024 £11.28 1.49%
2 Mar 23, 2023 Mar 23, 2023 Mar 23, 2023 £10.46 0.98%
3 Aug 10, 2022 Aug 18, 2022 Sep 27, 2022 £4.98 0.545%
4 Mar 09, 2022 Mar 24, 2022 May 13, 2022 £9.44 0.98%
5 Aug 11, 2021 Aug 19, 2021 Sep 28, 2021 £3.89 0.274%

FAQ

What is the symbol for Prudential Financial Inc Stock and on which exchange is it traded?
The symbol for Prudential Financial Inc is PRU.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Prudential Financial Inc Stock?
Prudential Financial Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Prudential Financial Inc Stock?
Prudential Financial Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Prudential Financial Inc Stock.

What's the current price of Prudential Financial Inc Stock?
As of the end of day on the 2024-03-27, the price of an Prudential Financial Inc (PRU.L) share was £755.80.

What is the 52-week high and low for Prudential Financial Inc Stock?
The 52-week high for Prudential Financial Inc Stock is £1,220.18 and the 52-week low is £718.80.

What is the market capitalization of Prudential Financial Inc Stock?
As of the 2024-03-27, the market capitalization of Prudential Financial Inc is 20.706B.

When is the next earnings date for Prudential Financial Inc?
The upcoming earnings date for Prudential Financial Inc is Aug 28, 2024.
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About Prudential Financial Inc

Prudential Financial Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, and Africa. It offers health and protection, as well as savings products, such as participating, linked, and other traditional products. The company also provides insurance against common critical illnesses, including cancer, stroke, and heart attack; and tropical disease protection, such as dengue, m... PRU.L Profile

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