Bearish Moving Average Cross by T Rowe Price (TROW)
T Rowe Price (NASDAQ:TROW) crossed under its 10-day moving average of $73.74 on a volume of 331K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, T Rowe Price has traded in a range of $63.57 to $82.50 and is now at $73.41, 15% above that low. The 200-day and 50-day moving averages have moved 0.12% lower and 0.63% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in T Rowe Price. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of T Rowe Price in search of a potential trend change.
Keywords: moving crosses t rowe price