T. Rowe Price $TROW Technical Update
The T. Rowe Price (NASDAQ: TROW) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for TROW, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
Term → | Near | Mid | Long |
---|---|---|---|
Rating | Strong | Neutral | Neutral |
P1 | 93.61 | 84.84 | 87.60 |
P2 | 96.45 | 92.63 | 104.19 |
P3 | 97.99 | 99.31 | 120.03 |
Support and Resistance Plot Chart for TROW
Long Term Trading Plans for TROW
November 29, 2018, 12:00 am ET
The Technical Summary and Trading Plans for TROW help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TROW Report.
TROW - (Long) Support Plan
The technical summary data tells us to buy TROW near 87.60 with an upside target of 104.19. This data also tells us to set a stop loss @ 87.34 to protect against excessive loss in case the stock begins to move against the trade. 87.60 is the first level of support below 98.34 , and by rule, any test of support is a buy signal. In this case, support 87.60 would be being tested, so a buy signal would exist.
TROW - (Short) Resistance Plan
The technical summary data is suggesting a short of TROW as it gets near 104.19 with a downside target of 87.60. We should have a stop loss in place at 104.45 though. 104.19 is the first level of resistance above 98.34, and by rule, any test of resistance is a short signal. In this case, if resistance 104.19 is being tested, so a short signal would exist.