Overall TROW gets a technical rating of 6 out of 10. TROW has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
TROW has an average technical rating and the quality of the presented setup is also 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.
99.31
We found 2 important support areas.
We can see 3 important resistance areas.
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 | 40.46 | 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) | 55.04 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests TROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.28 | NEUTRAL | The Stochastics value for TROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 11.18 | NEGATIVE | The low ADX value for TROW suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 108.30 | 103.17 | 5.13 (4.74%) | 21.11% |
| An entry @108.30. This is a Buy Stop order right above the resistance zone. | An exit @103.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.13 points, which is 4.74%. | When investing 21.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
106
-3.01 (-2.76%)
ChartMill assigns a technical rating of 6 / 10 to TROW.
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bullish.
T ROWE PRICE GROUP INC (TROW) has an RSI value of 55.0378. This indicates that the stock is currently neutral.
The MACD indicator for T ROWE PRICE GROUP INC (TROW) has a value of 0.264624, indicating a bearish trend.
T ROWE PRICE GROUP INC (TROW) has a support level at 105.01 and a resistance level at 108.29. Check the full technical report for our detailed analysis of TROW support and resistance levels.