Prudential plc: fresh sell signal, but the drop may already be exhausted

Prudential plc receives a fresh sell signal and takes 1st place among the 54 sell signals for EU-UK stocks. The weekly drop was among the sharpest in recent history, but precisely that amplitude calls for caution: the quality band flags elevated risk and a double bottom in the 1050 area with a 15% rebound complicates the picture. The confirmation week is still in progress.