PRUDENTIAL FINANCIAL INC (PRU) Stock Technical Analysis
USA - NYSE:PRU - US7443201022 - Common Stock
Overall PRU gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PRU was also a bad performer in the overall market in the last year.
PRU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 105.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.24, a Stop Loss order could be placed below this zone.
More info and screens
94.17
We found 2 important support areas.
- A support zone ranging from 101.23 to 104.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 95.12 to 96.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 105.04 to 105.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 107.98 to 109.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PRU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRU is up. |
| ChartMill Relative Strength | 25.6 | NEGATIVE | PRU has a low relative strength, it was outperformed by 74.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for PRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests PRU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.5 | OVERBOUGHT | The high Stochastics value suggests PRU may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for PRU suggests low volalility. |
| Average Directional Index/ADX (14) | 16.41 | NEGATIVE | The low ADX value for PRU suggests a weak or negative trend. |
104.43
-0.61 (-0.58%)
PRUDENTIAL FINANCIAL INC / PRU FAQ
What is the technical rating for PRU stock?
ChartMill assigns a technical rating of 3 / 10 to PRU.
What is the trend direction for PRU stock?
The current trend direction for PRUDENTIAL FINANCIAL INC (PRU) is Bearish.
Can you provide the RSI signal for PRUDENTIAL FINANCIAL INC?
PRUDENTIAL FINANCIAL INC (PRU) has an RSI value of 56.0563. This indicates that the stock is currently neutral.
What is the short term momentum for PRU stock?
The short term momentum for PRUDENTIAL FINANCIAL INC (PRU) is positive.
What is the support and resistance level for PRU stock?
PRUDENTIAL FINANCIAL INC (PRU) has a support level at 104.24 and a resistance level at 105.04. Check the full technical report for our detailed analysis of PRU support and resistance levels.