PRUDENTIAL PLC-ADR (PUK) Technical Analysis
NYSE:PUK • US74435K2042
Current stock price
PUK Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to PUK. PUK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PUK did better than 75% 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 89% of 147 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.
- In the last month PUK has a been trading in the 27.23 - 31.25 range, which is quite wide. It is currently trading near the high of this range.
PUK Weekly and Daily overview Charts
PUK Setup Rating and Analysis
Besides having an excellent technical rating, PUK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
PUK Support and Resistance Analysis
26.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.70 to 29.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.61 from a trend line in the weekly time frame.
- A support zone ranging from 27.38 to 27.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.76 from a horizontal 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.
PUK 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 | 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 | 75.44 | POSITIVE | PUK has a high relative strength, it outperformed 75.44% 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) | DOWN | MIXED | The current price of PUK is above a declining 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) | 54.92 | NEUTRAL | The RSI value for PUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PUK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.52 | OVERBOUGHT | The high Stochastics value suggests PUK may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for PUK suggests some volalility. |
| Average Directional Index/ADX (14) | 11.25 | NEGATIVE | The low ADX value for PUK suggests a weak or negative trend. |
PUK Chart- and CandleStick Pattern Analysis
PUK Example Setup
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 |
|---|---|---|---|
| 31.26 | 29.93 | 1.33 (4.24%) | 23.59% |
| An entry @31.26. This is a Buy Stop order right above the 10 day high. | An exit @29.93. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.33 points, which is 4.24%. | When investing 23.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
PUK Technicals: Chart, Performance Metrics, Trend & Indicators
30.51
-0.17 (-0.55%)
PRUDENTIAL PLC-ADR / PUK TA 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.
Can you provide the RSI signal for PRUDENTIAL PLC-ADR?
PRUDENTIAL PLC-ADR (PUK) has an RSI value of 54.9216. This indicates that the stock is currently neutral.
What is the MACD signal for PUK stock?
The MACD indicator for PRUDENTIAL PLC-ADR (PUK) has a value of 0.15901, indicating a bearish trend.
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.