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(TROW) Technical Data

Longer Term Trading Plans for TROW
  • Buy TROW slightly over 104.55 target 113.41 stop loss @ 104.25 Details
  • The technical summary data tells us to buy TROW near 104.55 with an upside target of 113.41. This data also tells us to set a stop loss @ 104.25 to protect against excessive loss in case the stock begins to move against the trade. 104.55 is the first level of support below 109.99 , and by rule, any test of support is a buy signal. In this case, support 104.55 is being tested, a buy signal would exist.

  • Short TROW slightly under 113.41, target 104.55, stop loss @ 113.74 Details
  • The technical summary data is suggesting a short of TROW as it gets near 113.41 with a downside target of 104.55. We should have a stop loss in place at 113.74though. 113.41 is the first level of resistance above 109.99, and by rule, any test of resistance is a short signal. In this case, if resistance 113.41 is being tested, a short signal would exist.

Swing Trading Plans for TROW
  • Buy TROW slightly over 113.41, target n/a, Stop Loss @ 113.08 Details
  • If 113.41 begins to break higher, the technical summary data tells us to buy TROW just slightly over 113.41, with an upside target of n/a. The data also tells us to set a stop loss @ 113.08 in case the stock turns against the trade. 113.41 is the first level of resistance above 109.99, and by rule, any break above resistance is a buy signal. In this case, 113.41, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short TROW slightly near 113.41, target 109.74, Stop Loss @ 113.74. Details
  • The technical summary data is suggesting a short of TROW if it tests 113.41 with a downside target of 109.74. We should have a stop loss in place at 113.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 113.41, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for TROW
  • Buy TROW slightly over 110.23, target 113.41, Stop Loss @ 109.97 Details
  • If 110.23 begins to break higher, the technical summary data tells us to buy TROW just slightly over 110.23, with an upside target of 113.41. The data also tells us to set a stop loss @ 109.97 in case the stock turns against the trade. 110.23 is the first level of resistance above 109.99, and by rule, any break above resistance is a buy signal. In this case, 110.23, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short TROW slightly near 110.23, target 109.74, Stop Loss @ 110.49. Details
  • The technical summary data is suggesting a short of TROW if it tests 110.23 with a downside target of 109.74. We should have a stop loss in place at 110.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 110.23, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our T. Rowe Price Group Inc. (TROW) Page here: TROW.

TROW Ratings for February 13:

Term →Near Mid Long
Rating Neutral Neutral Neutral
P1 0 0 96.02
P2 107.71 106.92 104.55
P3 110.23 109.74 113.41
Triggers may have already come
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Support and Resistance Plot Chart for TROW

TROW Long Term Analysis for February 13 2024

Blue = Current Price
Red= Resistance
Green = Support

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in T. Rowe Price Group Inc. (NASDAQ: TROW) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for TROW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if TROW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for TROW too.  All of these are offered below the Summary Table.