PRUDENTIAL FINANCIAL INC (PRU) Stock Technical Analysis
NYSE:PRU • US7443201022
Overall PRU gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PRU is a bad performer in the overall market: 80% of all stocks are doing better.
- PRU is one of the lesser performing stocks in the Insurance industry. 66% of 149 stocks in the same industry do better.
- In the last month PRU has a been trading in the 97.46 - 112.49 range, which is quite wide. It is currently trading near the lows of this range.
- PRU has an average volume of 2141610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
The technical rating of PRU is bad and it also does not present a quality setup 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
We found 1 important support area.
- A support zone ranging from 95.12 to 96.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @99.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 102.11 to 104.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @111.72 from a horizontal line in the daily time frame.
- Resistance @116.71 from a trend line in the weekly time frame.
- Resistance @120.76 from a horizontal line in the weekly 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 | 20.31 | NEGATIVE | PRU has a low relative strength, it was outperformed by 79.69% 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) | 34.68 | NEUTRAL | The RSI value for PRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PRU has a negative trend. |
| Stochastics (14,3) | 23.84 | NEUTRAL | The Stochastics value for PRU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for PRU suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for PRU suggests a strong trend. |
98.38
-3.93 (-3.84%)
PRUDENTIAL FINANCIAL INC / PRU FAQ
What is the technical rating for PRU stock?
ChartMill assigns a technical rating of 0 / 10 to PRU.
What is the current trend direction of PRUDENTIAL FINANCIAL INC (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 34.6824. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PRUDENTIAL FINANCIAL INC?
The buy/sell signal for PRUDENTIAL FINANCIAL INC (PRU) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PRUDENTIAL FINANCIAL INC (PRU) stock?
PRUDENTIAL FINANCIAL INC (PRU) has a support level at 96.53 and a resistance level at 99.13. Check the full technical report for our detailed analysis of PRU support and resistance levels.