T ROWE PRICE GROUP INC (TROW) Stock Technical Analysis
USA - NASDAQ:TROW - US74144T1088 - Common Stock
We assign a technical rating of 1 out of 10 to TROW. 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.
Although the technical rating is bad, TROW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 101.70, a Stop Loss order could be placed below this zone.
More info and screens
100.06
When analyzing the support we notice one important area.
- A support zone ranging from 101.07 to 101.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 102.67 to 105.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- 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 | NEUTRAL | NEUTRAL | The long term trend for TROW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TROW is down. |
| ChartMill Relative Strength | 25.02 | NEGATIVE | TROW has a low relative strength, it was outperformed by 74.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TROW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TROW is below a declining 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) | 46.81 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TROW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.52 | NEUTRAL | The Stochastics value for TROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 18.79 | NEGATIVE | The low ADX value for TROW suggests a weak or negative trend. |
102.66
+0.51 (+0.5%)
T ROWE PRICE GROUP INC / TROW FAQ
What is the technical rating for TROW stock?
ChartMill assigns a technical rating of 1 / 10 to TROW.
Can you provide the trend direction for T ROWE PRICE GROUP INC?
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bearish.
Can you provide the RSI signal for T ROWE PRICE GROUP INC?
T ROWE PRICE GROUP INC (TROW) has an RSI value of 46.806. This indicates that the stock is currently neutral.
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 negative.
What is the support and resistance level for TROW stock?
T ROWE PRICE GROUP INC (TROW) has a support level at 101.7 and a resistance level at 102.67. Check the full technical report for our detailed analysis of TROW support and resistance levels.