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T Rowe Price Bearish Moving Average Crossover Alert (TROW)

By James Quinn

T Rowe Price (NASDAQ:TROW) crossed under its 10-day moving average of $71.48 on a volume of 585K shares. Swing traders may find 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 $62.97 to $82.50 and is now at $70.07, 11% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for T Rowe Price and will alert subscribers who have TROW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses t rowe price

Ticker(s): TROW