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T Rowe Price Grp Set to Possibly Pullback After Yesterday's Rally of 1.26%

By Nick Russo

T Rowe Price Grp (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $117.94 to a high of $119.99. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $119.17 on volume of 565,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, shares of T Rowe Price Grp have traded between a low of $74.30 and a high of $127.43 and are now at $119.53, which is 61% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.2%.

Keywords: rebounders t rowe price grp

Ticker(s): TROW