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

By Shiri Gupta

T Rowe Price (NASDAQ:TROW) crossed under its 10-day moving average of $72.43 on a volume of 269K 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, T Rowe Price share prices have been bracketed by a low of $62.97 and a high of $82.50 and are now at $72.22, 15% above that low price. The 200-day and 50-day moving averages have moved 0.12% lower and 0.63% higher over the past week, respectively.

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