Taking everything into account, TROW scores 7 out of 10 in our technical rating. Although TROW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although TROW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
99.31
We found 2 important support areas.
- A support zone ranging from 103.25 to 105.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 100.31 to 100.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @108.58 from a horizontal line in the weekly time frame.
- Resistance @121.92 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TROW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TROW is up. |
| ChartMill Relative Strength | 47.85 | NEUTRAL | TROW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TROW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TROW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TROW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.22 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests TROW has a positive trend. |
| Stochastics (14,3) | 80.84 | OVERBOUGHT | The high Stochastics value suggests TROW may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 11.07 | NEGATIVE | The low ADX value for TROW suggests a weak or negative trend. |
108.57
+2.57 (+2.42%)
T ROWE PRICE GROUP INC / TROW FAQ
What is the technical rating for TROW stock?
ChartMill assigns a technical rating of 7 / 10 to TROW.
What is the current trend direction of T ROWE PRICE GROUP INC (TROW) stock?
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bullish.
What is the RSI signal for T ROWE PRICE GROUP INC (TROW) stock?
T ROWE PRICE GROUP INC (TROW) has an RSI value of 61.2214. This indicates that the stock is currently neutral.
What is the MACD signal for T ROWE PRICE GROUP INC (TROW) stock?
The MACD indicator for T ROWE PRICE GROUP INC (TROW) has a value of 0.377879, indicating a bearish trend.
What are the support and resistance levels for T ROWE PRICE GROUP INC (TROW) stock?
T ROWE PRICE GROUP INC (TROW) has a support level at 105.47 and a resistance level at 108.58. Check the full technical report for our detailed analysis of TROW support and resistance levels.