Prudential Technical Analysis (NYSE:PUK)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Prudential stock price data and volume are plotted in PUK stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Prudential. Technical analysis uses an approach for Prudential stock analysis that does not care for the fair value of a company but uses price and volume data only.
Prudential Moving Average
Moving averages show the PUK stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $51.21 is below the price of $52.57.
Prudential Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the PUK stock. The stock price is trading between the average and the upper band in the context of Prudential bollinger bands.
Prudential Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Prudential MACD indicator can be used to identify bullish and bearish trends for the stock.
Prudential Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of PUK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.