T ROWE PRICE GROUP INC (TROW) Technical Analysis
NASDAQ:TROW • US74144T1088
Taking everything into account, TROW scores 0 out of 10 in our technical rating. TROW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TROW is a bad performer in the overall market: 80% of all stocks are doing better.
- TROW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TROW is lagging the market.
- In the last month TROW has a been trading in the 88.90 - 97.67 range, which is quite wide. It is currently trading near the lows of this range.
- TROW has an average volume of 2006240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TROW is part of the Capital Markets industry. There are 242 other stocks in this industry, TROW did better than 44% of them.
TROW has a poor technical rating and the quality of the setup is also only medium 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
89.50
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 92.86 to 96.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.53 to 105.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 108.29 to 109.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for TROW is down. |
| ChartMill Relative Strength | 20.39 | NEGATIVE | TROW has a low relative strength, it was outperformed by 79.61% 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) | DOWN | NEGATIVE | The current price of TROW is below a declining 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) | 33.66 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TROW has a negative trend. |
| Stochastics (14,3) | 11.4 | OVERSOLD | The low Stochastics value suggests TROW may be oversold. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 30.31 | POSITIVE | The high ADX value value for TROW suggests a strong trend. |
TROW Technicals: Chart, Performance Metrics, Trend & Indicators
90.4
-1.64 (-1.78%)
T ROWE PRICE GROUP INC / TROW FAQ
What is the technical rating for TROW stock?
ChartMill assigns a technical rating of 0 / 10 to TROW.
What is the current trend direction of T ROWE PRICE GROUP INC (TROW) stock?
The current trend direction for T ROWE PRICE GROUP INC (TROW) is Bearish.
What is the RSI signal for T ROWE PRICE GROUP INC (TROW) stock?
T ROWE PRICE GROUP INC (TROW) has an RSI value of 33.6635. This indicates that the stock is currently neutral.
What is the MACD signal for T ROWE PRICE GROUP INC (TROW) stock?
The MACD indicator for T ROWE PRICE GROUP INC (TROW) has a value of -0.0493307, indicating a bearish trend.
What are the support and resistance levels for T ROWE PRICE GROUP INC (TROW) stock?
T ROWE PRICE GROUP INC (TROW) has a resistance level at 92.86. Check the full technical report for our detailed analysis of TROW support and resistance levels.