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T Rowe Price Grp Set to Possibly Rebound After Yesterday's Selloff of 1.11%

By David Diaz

T Rowe Price Grp (NASDAQ:TROW) traded in a range yesterday that spanned from a low of $116.63 to a high of $118.03. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $118.21 on volume of 410,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of T Rowe Price Grp have traded between a low of $81.61 and a high of $127.43 and are now at $117.43, which is 44% 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 remained constant.

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.

Keywords: rebounders t rowe price grp

Ticker(s): TROW