When Prudential Financial (PRU) Moves Investors should Listen

January 25, 2023, 11:45 amET, 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.

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
⚠Triggers may have already come
Real Time Updates for Repeat Institutional Readers:

Factset: A username and password has been assigned to repeat institutional readers of our research though the Factset Portal. Use that for direct access, so you can get real time updates for PRU.

Bloomberg, Reuters, Refinitiv, Zacks, or IB users can obtain these same updates by using the link below, and selecting a username and password manually.

Instructions:

  • Click the Get Real Time Updates button below.

  • In the login prompt, select forgot username

  • Type the email you use for Factset

  • Use the user/pass you receive to login

  • You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Price Based + Macro = Get an Edge on the Competition

  • Price matters most to making good timing decisions, and the MACRO picture defines how restrictive you need to be with entry levels. Together, these are powerful.

  • Review our Global Liquidity Report from December 2021 to see how our Macro work can foretell future market conditions. Look for the word “Volatility.”

Our Market Crash Leading Indicator is Evitar Corte.

  • Evitar Corte warned of market crash risk four times since 2000.

  • Using the FOMCs Monetary Policy as a key variable in the quant.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It also offered a warning prior to that period of time in 2019 when overnight lending spiked to 8.5%, but that amounted to nothing, and the conditions to become exposed resurfaced in Oct-Nov 2019.

  • It identified the Corona Crash too, and protected investors from 21% of that loss.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change: Take a Trial

Chart of PRU with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


PRU Long Term Analysis for January 25 2023

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. 

Graph of Evitar Corte vs S&P 500

AD

TRADING PLANS ON MORE STOCKS

Type a few symbols to get started. The technicals for these will appear immediately on your My Stocks Page. We do the work.