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Prudential Financial Crosses Above its 10-day MA (PRU)

By Nick Russo

Today, shares of Prudential Financial (NYSE:PRU) have crossed bullishly above their 10-day moving average of $105.25 on a volume of 118K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Prudential Financial has traded in a range of $57.19 to $114.55 and is now at $105.76, 85% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.3%.

SmarTrend is monitoring the recent change of momentum in Prudential Financial. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Prudential Financial in search of a potential trend change.

Keywords: moving crosses Prudential Financial

Ticker(s): PRU