PRUDENTIAL FINANCIAL INC (PRU) Technical Analysis
NYSE:PRU • US7443201022
Current stock price
PRU Technical Rating and Analysis
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.
- 75% of all other stocks performed better in the past year than PRU.
- In the last month PRU has a been trading in the 92.76 - 102.84 range, which is quite wide. It is currently trading near the high of this range.
- PRU has an average volume of 2299450 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 an average performer in the Insurance industry, it outperforms 44% of 147 stocks in the same industry.
- 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.
PRU Weekly and Daily overview Charts
PRU Setup Rating and Analysis
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
PRU Support and Resistance Analysis
91.08
When analyzing the support we can see 3 important areas.
- Support @102.11 from a horizontal line in the daily time frame.
- A support zone ranging from 97.36 to 100.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.00 to 92.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 102.61 to 102.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @115.15 from a trend line in the weekly time frame.
- Resistance @120.76 from a horizontal line in the weekly time frame.
PRU Technical Indicator Signal Analysis
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 | 25.94 | NEGATIVE | PRU has a low relative strength, it was outperformed by 74.06% 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) | 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) | 68.34 | NEUTRAL | The RSI value for PRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests PRU has a positive trend. |
| Stochastics (14,3) | 92.25 | OVERBOUGHT | The high Stochastics value suggests PRU may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PRU suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for PRU suggests a possible start of a new trend. |
PRU Chart- and CandleStick Pattern Analysis
PRU Technicals: Chart, Performance Metrics, Trend & Indicators
102.6
+0.95 (+0.93%)
PRUDENTIAL FINANCIAL INC / PRU TA FAQ
What is the technical rating for PRU stock?
ChartMill assigns a technical rating of 3 / 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.
What is the RSI signal for PRU stock?
PRUDENTIAL FINANCIAL INC (PRU) has an RSI value of 68.3364. This indicates that the stock is currently neutral.
What is the short term momentum for PRUDENTIAL FINANCIAL INC (PRU) stock?
The short term momentum for PRUDENTIAL FINANCIAL INC (PRU) is positive.
Can you provide the buy/sell signal for PRUDENTIAL FINANCIAL INC?
The buy/sell signal for PRUDENTIAL FINANCIAL INC (PRU) is hold as the short term and long term trends are mixed.