Taking everything into account, TROW scores 3 out of 10 in our technical rating. TROW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TROW is bad and it also does not present a quality setup 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
2 important support areas can be observed.
When analyzing the resistance we notice 3 important 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 | NEUTRAL | NEUTRAL | The long term trend for TROW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TROW is neutral. |
| ChartMill Relative Strength | 26.49 | NEGATIVE | TROW has a low relative strength, it was outperformed by 73.51% off all stocks 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) | UP | POSITIVE | The current price of TROW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.23 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TROW has a negative trend. |
| Stochastics (14,3) | 53.87 | NEUTRAL | The Stochastics value for TROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for TROW suggests a weak or negative trend. |
103.51
-3.33 (-3.12%)
ChartMill assigns a technical rating of 3 / 10 to TROW.
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bearish.
T ROWE PRICE GROUP INC (TROW) has an RSI value of 46.2275. This indicates that the stock is currently neutral.
The MACD indicator for T ROWE PRICE GROUP INC (TROW) has a value of -0.0152283, indicating a bearish trend.
T ROWE PRICE GROUP INC (TROW) has a support level at 103.39 and a resistance level at 103.56. Check the full technical report for our detailed analysis of TROW support and resistance levels.