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Look for Shares of Prudentl Finl to Potentially Pullback after Yesterday's 1.28% Rise

By Nick Russo

Prudentl Finl (NYSE:PRU) traded in a range yesterday that spanned from a low of $93.44 to a high of $94.08. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $93.72 on volume of 687,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Prudentl Finl on September 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $85.80. Since that recommendation, shares of Prudentl Finl have risen 8.8%. We continue to monitor PRU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Prudentl Finl has traded in a range of $77.65 to $106.40 and is now at $94.49, 22% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Keywords: rebounders prudentl finl

Ticker(s): PRU