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Bullish Moving Average Cross by T Rowe Price Grp (TROW)

By Amy Schwartz

Today, shares of T Rowe Price Grp (NASDAQ:TROW) have crossed bullishly above their 10-day moving average of $124.86 on a volume of 157K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

T Rowe Price Grp share prices have moved between a 52-week high of $127.43 and a 52-week low of $72.44 and are now trading 73% above that low price at $125.01 per share. The 200-day and 50-day moving averages have moved 0.57% higher and 0.94% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of T Rowe Price Grp on April 26th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $111.53. Since that recommendation, shares of T Rowe Price Grp have risen 10.2%. We continue to monitor TROW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses t rowe price grp

Ticker(s): TROW