PRUDENTIAL PLC-ADR (PUK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PUK - US74435K2042 - ADR
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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PUK is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, PUK also shows a nice and consistent pattern of rising prices.
- PUK is one of the better performing stocks in the Insurance industry, it outperforms 98% of 149 stocks in the same industry.
- 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.
- PUK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PUK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.08. Right above this resistance zone may be a good entry point.
More info and screens
26.49
3 important support areas can be observed.
- Support @29.06 from a trend line in the daily time frame.
- Support @27.29 from a horizontal line in the daily time frame.
- Support @26.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.08 to 32.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 93.21 | POSITIVE | PUK has a high relative strength, it outperformed 93.21% 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) | 57.29 | NEUTRAL | The RSI value for PUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PUK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.93 | NEUTRAL | The Stochastics value for PUK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for PUK suggests low volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for PUK suggests a strong trend. |
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 |
|---|---|---|---|
| 32.44 | 31.12 | 1.32 (4.07%) | 24.58% |
| An entry @32.44. This is a Buy Stop order right above the resistance zone. | An exit @31.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.32 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.58% 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.
31.75
+0.35 (+1.11%)
PRUDENTIAL PLC-ADR / PUK FAQ
What is the ChartMill technical rating of PRUDENTIAL PLC-ADR (PUK) stock?
ChartMill assigns a technical rating of 10 / 10 to PUK.
Can you provide the trend direction for PRUDENTIAL PLC-ADR?
The current trend direction for PRUDENTIAL PLC-ADR (PUK) is Bullish.
What is the RSI signal for PRUDENTIAL PLC-ADR (PUK) stock?
PRUDENTIAL PLC-ADR (PUK) has an RSI value of 57.2947. This indicates that the stock is currently neutral.
What is the buy/sell signal for PRUDENTIAL PLC-ADR (PUK) stock?
The buy/sell signal for PRUDENTIAL PLC-ADR (PUK) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PUK stock?
PRUDENTIAL PLC-ADR (PUK) has a support level at 29.06 and a resistance level at 32.08. Check the full technical report for our detailed analysis of PUK support and resistance levels.