T ROWE PRICE GROUP INC (TROW) Technical Analysis
NASDAQ:TROW • US74144T1088
Current stock price
TROW Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to TROW. In the past year, TROW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TROW is one of the better performing stocks in the Capital Markets industry, it outperforms 75% of 239 stocks in the same industry.
- In the last month TROW has a been trading in the 87.59 - 103.28 range, which is quite wide. It is currently trading near the high of this range.
- TROW has an average volume of 2391840 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 49% of all stocks.
- 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.
TROW Weekly and Daily overview Charts
TROW Setup Rating and Analysis
TROW has an average technical rating and it also does not offer a high 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.
More info and screens
TROW Support and Resistance Analysis
88.33
We found 2 important support areas.
- A support zone ranging from 102.75 to 102.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @89.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 104.53 to 105.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 108.29 to 111.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
TROW Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for TROW is up. |
| ChartMill Relative Strength | 49.04 | 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) | 73.59 | OVERBOUGHT | The high RSI value suggests TROW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests TROW has a positive trend. |
| Stochastics (14,3) | 91.2 | OVERBOUGHT | The high Stochastics value suggests TROW may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for TROW suggests a strong trend. |
TROW Chart- and CandleStick Pattern Analysis
TROW Technicals: Chart, Performance Metrics, Trend & Indicators
102.88
+2.41 (+2.4%)
T ROWE PRICE GROUP INC / TROW TA FAQ
What is the technical rating for TROW stock?
ChartMill assigns a technical rating of 6 / 10 to TROW.
What is the trend direction for TROW stock?
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bearish.
What is the RSI signal for TROW stock?
T ROWE PRICE GROUP INC (TROW) has an RSI value of 73.5869. This indicates that the stock is currently overbought.
Can you provide the short term momentum for T ROWE PRICE GROUP INC?
The short term momentum for T ROWE PRICE GROUP INC (TROW) is positive.
What is the support and resistance level for TROW stock?
T ROWE PRICE GROUP INC (TROW) has a support level at 102.87 and a resistance level at 104.53. Check the full technical report for our detailed analysis of TROW support and resistance levels.