PRUDENTIAL PLC-ADR (PUK) Stock Technical Analysis
NYSE:PUK • US74435K2042
Overall PUK gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Looking at the yearly performance, PUK did better than 89% of all other stocks. We also observe that the gains produced by PUK over the past year are nicely spread over this period.
- PUK is one of the better performing stocks in the Insurance industry, it outperforms 98% of 150 stocks in the same industry.
- PUK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PUK is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month PUK has a been trading in the 28.91 - 34.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PUK has an excellent technical rating, but the quality of the setup is 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
28.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.53 to 29.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.73 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @33.62 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 | UP | POSITIVE | The long term trend for PUK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PUK is down. |
| ChartMill Relative Strength | 89.53 | POSITIVE | PUK has a high relative strength, it outperformed 89.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PUK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PUK is below 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) | 46.27 | NEUTRAL | The RSI value for PUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests PUK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.74 | NEUTRAL | The Stochastics value for PUK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PUK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for PUK suggests a possible start of a new 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 |
|---|---|---|---|
| 31.17 | 29.52 | 1.65 (5.30%) | 18.87% |
| An entry @31.17. This is a Buy Stop order right above the 10 day moving average. | An exit @29.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.65 points, which is 5.30%. | For a 1.00% total portfolio risk, you can invest 18.87% 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.
31.01
+0.64 (+2.11%)
PRUDENTIAL PLC-ADR / PUK FAQ
What is the ChartMill technical rating of PRUDENTIAL PLC-ADR (PUK) stock?
ChartMill assigns a technical rating of 7 / 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 46.2676. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for PUK stock?
PRUDENTIAL PLC-ADR (PUK) has a support level at 29.66 and a resistance level at 33.62. Check the full technical report for our detailed analysis of PUK support and resistance levels.