T ROWE PRICE GROUP INC (TROW) Stock Technical Analysis
NASDAQ:TROW - Nasdaq - US74144T1088 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to TROW. In the past year, TROW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
76% of all other stocks performed better in the past year than TROW.
TROW is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 70% are performing better than TROW.
TROW has an average volume of 1710410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
In the last month TROW has a been trading in a tight range between 90.75 and 96.00.
Although the technical rating is bad, TROW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 94.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TROW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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 1 important support area.
- A support zone ranging from 91.58 to 94.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @95.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 98.06 to 98.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @109.51 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for TROW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TROW is up. |
| ChartMill Relative Strength | 24.19 | NEGATIVE | TROW has a low relative strength, it was outperformed by 75.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TROW is above 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 | NEGATIVE | The current price of TROW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.39 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TROW has a positive trend. |
| Stochastics (14,3) | 74.86 | NEUTRAL | The Stochastics value for TROW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TROW suggests low volalility. |
| Average Directional Index/ADX (14) | 11.66 | 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)
94.95
-0.15 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.16%
1 Week3.68%
2 Weeks-1.02%
1 Month-0.64%
3 Month3.69%
6 Month-17.91%
12 Month-17.66%
2 Year-15.24%
3 Year-16.42%
5 Year-23.12%
10 Year22.15%
15 Year113.9%
Volatility
ATR(14)1.81
ATR(20)%1.9%
ATR Inc-27.75%
Range Today1.13
ADR(20)1.59
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.19
Mansfield-1.49
10 Day High96
10 Day Low90.75
20 Day High96
20 Day Low90.75
52 Week High125.81
52 Week Low77.85
CS1 End94.28
CR1 Start95.98
Volume & EV
DER(3)3.85%
DER(5)2.31%
Volume1.08M
Volume Incr6.96%
Vol(5)1.46M
Vol(50)1.71M