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SmarTrend Watching for Potential Pullback in Shares of Prudentl Finl After 3.76% Gain

By Shiri Gupta

Prudentl Finl (NYSE:PRU) traded in a range yesterday that spanned from a low of $92.50 to a high of $95.01. Yesterday, the shares gained 3.8%, which took the trading range above the 3-day high of $93.85 on volume of 599,000 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 $75.61 and a high of $106.40 and are now at $92.70, which is 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.

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