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 0 out of 10 to PRU. PRU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PRU is a bad performer in the overall market: 72% of all stocks are doing better.
PRU is part of the Insurance industry. There are 143 other stocks in this industry, of which 80% are performing better than PRU.
PRU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRU is lagging the market.
In the last month PRU has a been trading in the 99.72 - 108.36 range, which is quite wide. It is currently trading near the lows of this range.
PRU has an average volume of 1925020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
94.17
122.37
When analyzing the support we notice one important area.
- A support zone ranging from 95.12 to 97.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 104.20 to 107.95. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- Resistance @121.16 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for PRU is down. |
| ChartMill Relative Strength | 28.03 | NEGATIVE | PRU has a low relative strength, it was outperformed by 71.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRU is below 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) | 43.94 | NEUTRAL | The RSI value for PRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PRU has a negative trend. |
| Stochastics (14,3) | 19.35 | OVERSOLD | The low Stochastics value suggests PRU may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for PRU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.01 | 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)
101.92
-0.4 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.39%
1 Week-5.04%
2 Weeks-1.61%
1 Month-0.95%
3 Month-6.92%
6 Month-20.31%
12 Month-14.61%
2 Year29.52%
3 Year-4.08%
5 Year67.19%
10 Year20.46%
15 Year76.61%
Volatility
ATR(14)2.29
ATR(20)%2.36%
ATR Inc-11.1%
Range Today2.44
ADR(20)2.08
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.03
Mansfield-1.35
10 Day High108.36
10 Day Low100
20 Day High108.36
20 Day Low99.72
52 Week High130.55
52 Week Low90.38
CS1 End97.27
CR1 Start104.2
Volume & EV
DER(3)-1.52%
DER(5)-1.08%
Volume1.50M
Volume Incr1.18%
Vol(5)1.69M
Vol(50)1.93M