T ROWE PRICE GROUP INC (TROW) Stock 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.
- When comparing the yearly performance of all stocks, TROW is a bad performer in the overall market: 78% of all stocks are doing better.
- TROW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TROW has an average volume of 2033540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TROW is an average performer in the Capital Markets industry, it outperforms 41% of 238 stocks in the same industry.
- 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.
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.
More info and screens
91.23
We found 1 important support area.
- Support @92.15 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 103.69 to 109.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 22.13 | NEGATIVE | TROW has a low relative strength, it was outperformed by 77.87% 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) | UP | MIXED | The current price of TROW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.63 | NEUTRAL | The RSI value for TROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests TROW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.63 | OVERSOLD | The low Stochastics value suggests TROW may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for TROW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for TROW suggests a strong trend. |
93.16
-0.63 (-0.67%)
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 33.6347. 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 -1.14896, 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 support level at 92.15 and a resistance level at 103.69. Check the full technical report for our detailed analysis of TROW support and resistance levels.