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T Rowe Price Crosses Below its 10-day MA (TROW)

By James Quinn

T Rowe Price (NASDAQ:TROW) shares have crossed bearishly below their 10-day moving average of $76.33 on a volume of 316K 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.

In the past 52 weeks, shares of T Rowe Price have traded between a low of $63.57 and a high of $82.50 and are now at $75.18, which is 18% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

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