PRUDENTIAL FINANCIAL INC (PRU) Stock Technical Analysis
NYSE:PRU - New York Stock Exchange, Inc. - US7443201022 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PRU. In the past year, PRU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PRU is a bad performer in the overall market: 64% of all stocks are doing better.
PRU is one of the lesser performing stocks in the Insurance industry. 62% of 144 stocks in the same industry do better.
PRU has an average volume of 1684570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PRU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRU is lagging the market.
In the last month PRU has a been trading in a tight range between 101.92 and 107.88.
PRU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 105.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
94.17
116.75
We found 3 important support areas.
- A support zone ranging from 104.11 to 105.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.23 from a horizontal line in the daily time frame.
- A support zone ranging from 95.12 to 97.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 107.45 to 107.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 114.59 to 115.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for PRU is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRU is up. |
| ChartMill Relative Strength | 36.79 | NEUTRAL | PRU is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PRU is above the rising 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) | 59.06 | NEUTRAL | The RSI value for PRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests PRU has a positive trend. |
| Stochastics (14,3) | 86.62 | OVERBOUGHT | The high Stochastics value suggests PRU may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for PRU suggests low volalility. |
| Average Directional Index/ADX (14) | 7.7 | NEGATIVE | The low ADX value for PRU suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
107.44
+0.31 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.29%
1 Week1.74%
2 Weeks4.34%
1 Month3.42%
3 Month11.3%
6 Month-9.82%
12 Month-8.05%
2 Year21.79%
3 Year12.29%
5 Year76.42%
10 Year22.76%
15 Year100.22%
Volatility
ATR(14)1.81
ATR(20)%1.69%
ATR Inc-33.61%
Range Today0.88
ADR(20)1.66
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.79
Mansfield-1.25
10 Day High107.88
10 Day Low103.02
20 Day High107.88
20 Day Low101.92
52 Week High130.55
52 Week Low90.38
CS1 End105.33
CR1 Start107.98
Volume & EV
DER(3)2.07%
DER(5)1%
Volume1.66M
Volume Incr-1.21%
Vol(5)1.68M
Vol(50)1.68M