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Look for Shares of Prudentl Finl to Potentially Pullback after Yesterday's 2.31% Rise

By David Diaz

Prudentl Finl (NYSE:PRU) traded in a range yesterday that spanned from a low of $97.41 to a high of $99.73. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $98.33 on volume of 929,000 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 $92.05 and a high of $127.14 and are now at $99.21, which is 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.3%.

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.

Keywords: rebounders prudentl finl

Ticker(s): PRU