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Watch for T Rowe Price Grp to Potentially Pullback After Gaining 1.26% Yesterday

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.

Over the past year, T Rowe Price Grp has traded in a range of $74.30 to $127.43 and is now at $119.53, 61% above that low. The 200-day and 50-day moving averages have moved 0.45% higher and 0.25% higher over the past week, respectively.

Keywords: rebounders t rowe price grp

Ticker(s): TROW