T ROWE PRICE GROUP INC (TROW) Stock Technical Analysis
NASDAQ:TROW - US74144T1088 - Common Stock
105.6 USD
-2.02 (-1.88%)
105.6 USD
0 (0%)
Taking everything into account, TROW scores 6 out of 10 in our technical rating. TROW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month TROW has a been trading in the 103.77 - 110.16 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TROW has an average volume of 1507040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TROW turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
TROW is part of the Capital Markets industry. There are 239 other stocks in this industry, TROW did better than 64% of them.
TROW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TROW is lagging the market.
Although the technical rating is only medium, TROW does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 104.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
90.66
123.14
We found 3 important support areas.
- A support zone ranging from 102.36 to 104.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.81 from a trend line in the daily time frame.
- A support zone ranging from 91.58 to 91.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 106.88 to 109.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TROW is neutral. |
| ChartMill Relative Strength | 58.16 | NEUTRAL | TROW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TROW is below a declining 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) | DOWN | MIXED | The current price of TROW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.61 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TROW has a negative trend. |
| Stochastics (14,3) | 50.93 | NEUTRAL | The Stochastics value for TROW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for TROW suggests low volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for TROW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 107.19 | 104.05 | 3.14 (2.93%) | 25.00% |
| An entry @107.19. This is a Buy Stop order right above the 10 day moving average. | An exit @104.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.14 points, which is 2.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
105.6
-2.02 (-1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.88%
1 Week-1.73%
2 Weeks-0.98%
1 Month-0.32%
3 Month12.01%
6 Month4.91%
12 Month3.85%
2 Year0.7%
3 Year0.56%
5 Year-17.64%
10 Year51.94%
15 Year110.95%
Volatility
ATR(14)2
ATR(20)%1.84%
ATR Inc17.54%
Range Today1.83
ADR(20)1.81
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.16
Mansfield-0.69
10 Day High109.74
10 Day Low104.06
20 Day High110.16
20 Day Low103.77
52 Week High125.81
52 Week Low77.85
CS1 End104.86
CR1 Start106.88
Volume & EV
DER(3)1.31%
DER(5)-0.12%
Volume1.35M
Volume Incr-18.1%
Vol(5)1.19M
Vol(50)1.51M