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Bear Signal Flashing for Struggling Insurance Stock
Schaeffers Investment Research· 2025-11-26 21:24
Insurance stock Prudential Financial Inc (NASDAQ:PRU) was last seen down 0.4% to trade at $107.97, looking to snap its five-day win streak. PRU has struggled long term, down 8.8% so far this year and trapped in a channel between $110 and $100. The stock has attempted several breakouts, but a historically bearish signal is already coming into play.Per Schaeffer's Senior Quantitative Analyst Rocky White, PRU is within 0.75 of the 260-day moving average's 20-day average true range (ATR), after remaining below ...