• Return to Headlines

After Yesterday's Rally of 1.44% Shares Could Potentially Pullback

By David Diaz

Prudentl Finl (NYSE:PRU) traded in a range yesterday that spanned from a low of $100.82 to a high of $102.99. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $101.73 on volume of 733,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Prudentl Finl have traded between a low of $66.51 and a high of $127.14 and are now at $102.50, which is 54% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Prudentl Finl on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $119.49. Since that call, shares of Prudentl Finl have fallen 15.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders prudentl finl

Ticker(s): PRU