Insurance Technology Industry News

TMCNet:  Shares of PUK Up 33.7% Since Uptrend Call on Shares

[January 04, 2013]

Shares of PUK Up 33.7% Since Uptrend Call on Shares

Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Prudential (NYSE:PUK) on June 15th, 2012 at $22.23. In approximately 7 months, Prudential has returned 33.68% as of today's recent price of $29.71.

Over the past year, Prudential has traded in a range of $19.50 to $29.77 and is now at $29.71, 52% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.3%.

Prudential plc is an international company which provides a wide assortment of insurance and investment products and services. Insurance products include life, accident and health, property and casualty insurance, as well as fixed and variable annuities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Prudential shares.Log in and add Prudential (PUK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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