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Prudential Trading Lower Today on Above-Average Volume (PUK)

By Shiri Gupta

Prudential shares are trading on heavy volume today, having fallen 11.9% to $29.48. Today's volume of 858,000 shares tops the average 30-day volume of 426,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

In the past 52 weeks, Prudential share prices have been bracketed by a current low of $29.34 and a high of $52.17 and are now at $29.39. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.6%.

Keywords: unusual volume prudential

Ticker(s): PUK