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After Yesterday's Rally of 2.58% Shares Could Potentially Pullback

By Shiri Gupta

Prudentl Finl (NYSE:PRU) traded in a range yesterday that spanned from a low of $86.69 to a high of $88.64. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $87.97 on volume of 478,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Prudentl Finl and will alert subscribers who have PRU in their portfolio or watchlist when shares have changed trend direction.

Prudentl Finl share prices have moved between a 52-week high of $106.64 and a 52-week low of $75.61 and are now trading 17% above that low price at $88.28 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

Keywords: rebounders prudentl finl

Ticker(s): PRU