When Prudential Financial (PRU) Moves Investors should Listen
January 25, 2023, 11:45 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PRU
- Buy PRU slightly over 97.07 target 106.80 stop loss @ 96.79 Details
The technical summary data tells us to buy PRU near 97.07 with an upside target of 106.80. This data also tells us to set a stop loss @ 96.79 to protect against excessive loss in case the stock begins to move against the trade. 97.07 is the first level of support below 100.25 , and by rule, any test of support is a buy signal. In this case, support 97.07 is being tested, a buy signal would exist.
- Short PRU slightly under 106.80, target 97.07, stop loss @ 107.11 Details
The technical summary data is suggesting a short of PRU as it gets near 106.80 with a downside target of 97.07. We should have a stop loss in place at 107.11though. 106.80 is the first level of resistance above 100.25, and by rule, any test of resistance is a short signal. In this case, if resistance 106.80 is being tested, a short signal would exist.
Swing Trading Plans for PRU
- Buy PRU slightly over 106.80, target n/a, Stop Loss @ 106.49 Details
If 106.80 begins to break higher, the technical summary data tells us to buy PRU just slightly over 106.80, with an upside target of n/a. The data also tells us to set a stop loss @ 106.49 in case the stock turns against the trade. 106.80 is the first level of resistance above 100.25, and by rule, any break above resistance is a buy signal. In this case, 106.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PRU slightly near 106.80, target 100.12, Stop Loss @ 107.11. Details
The technical summary data is suggesting a short of PRU if it tests 106.80 with a downside target of 100.12. We should have a stop loss in place at 107.11 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 106.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for PRU
- Buy PRU slightly over 106.80, target n/a, Stop Loss @ 106.55 Details
If 106.80 begins to break higher, the technical summary data tells us to buy PRU just slightly over 106.80, with an upside target of n/a. The data also tells us to set a stop loss @ 106.55 in case the stock turns against the trade. 106.80 is the first level of resistance above 100.25, and by rule, any break above resistance is a buy signal. In this case, 106.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PRU slightly near 106.80, target 100.12, Stop Loss @ 107.05. Details
The technical summary data is suggesting a short of PRU if it tests 106.80 with a downside target of 100.12. We should have a stop loss in place at 107.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 106.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Prudential Financial (PRU) available here: PRU.
PRU Ratings for January 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
87.34 |
| P2 |
96.61 |
97.15 |
97.07 |
| P3 |
99.67 |
100.12 |
106.80 |
AI Generated Signals for PRU
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Prudential Financial (NYSE: PRU) report below is a real world example. Included are trading plans for PRU, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PRU:
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