PRUDENTIAL PLC-ADR (PUK) Stock Technical Analysis
NYSE:PUK - New York Stock Exchange, Inc. - US74435K2042 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to PUK. Both in the recent history as in the last year, PUK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PUK is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, PUK also shows a nice and consistent pattern of rising prices.
PUK is part of the Insurance industry. There are 141 other stocks in this industry. PUK outperforms 94% of them.
PUK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PUK has a been trading in the 24.56 - 26.98 range, which is quite wide. It is currently trading near the high of this range.
Although PUK has an excellent technical rating, the quality of the presented setup is not ideal 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
23.12
26.78
3 important support areas can be observed.
- A support zone ranging from 25.71 to 26.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.27 to 25.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.35 from a trend 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 | UP | POSITIVE | The long term trend for PUK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PUK is up. |
| ChartMill Relative Strength | 88.46 | POSITIVE | PUK has a high relative strength, it outperformed 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PUK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PUK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PUK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.55 | NEUTRAL | The RSI value for PUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PUK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.05 | OVERBOUGHT | The high Stochastics value suggests PUK may be overbought. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for PUK suggests low volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for PUK 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.99 | 25.70 | 1.29 (4.78%) | 20.92% |
| An entry @26.99. This is a Buy Stop order right above the 10 day high. | An exit @25.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.29 points, which is 4.78%. | For a 1.00% total portfolio risk, you can invest 20.92% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.51
-0.15 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.56%
1 Week1.96%
2 Weeks4.7%
1 Month7.15%
3 Month18.14%
6 Month47.36%
12 Month48.1%
2 Year7.28%
3 Year25.58%
5 Year-17.82%
10 Year-38.96%
15 Year53.15%
Volatility
ATR(14)0.4
ATR(20)%1.41%
ATR Inc-29.04%
Range Today0.23
ADR(20)0.28
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.46
Mansfield2.27
10 Day High26.98
10 Day Low25.33
20 Day High26.98
20 Day Low24.56
52 Week High26.98
52 Week Low14.39
CS1 End26.27
CR1 StartN/A
Volume & EV
DER(3)-5.57%
DER(5)-4.49%
Volume1.17M
Volume Incr-5.69%
Vol(5)806.12K
Vol(50)985.64K