Moving Average Rating is Strong Buy for T. Rowe Price Group, Inc. (NASDAQ:TROW)

Even though the stock market has been cranking along and touching record highs, there are bound to be some rough patches in the near future. Some investors may actually welcome a pullback in order to scoop up some stocks at a relative discount. Investors who are on top of things are most likely ready to spring when the next big buying opportunity pops up. Being prepared for a buying opportunity can make the process much easier when the time comes. As investors look ahead to the next round of company earnings reports, the focus may gravitate to those companies that have positioned themselves for sustained future growth. Many investors will be closely monitoring which companies outperform by the largest margin after earnings results are released.

Traders will take note of the 20 day Chaikin Money Flow indicator that is now at 0.21496062 for T. Rowe Price Group, Inc. (NASDAQ:TROW). The value of this indicator will fluctuate between 1 and -1. Traders may be watching when the CMF crosses zero. This cross might point to a bullish or bearish price reversal depending on which way it is moving crossing the zero line.

Tracking some stock ratings, we can see that the stock’s Moving Average Rating is currently pointing to a “Strong Buy”. Traders may be monitoring many different indicators in order to get a grasp of where the stock may be moving in the near future. Taking a look at the Oscillators rating, we note that the reading is pointing to a “Neutral”.

Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 91.38. The 20 day upper band is 98.88. This indicator was created by Richard Donchian, and traders follow these channels to help identify potential trading signals.

Following trading action on shares of T. Rowe Price Group, Inc. (NASDAQ:TROW), we see that the stock has moved 0.64 since the opening price of 96.94. So far, the stock has reached a high of 97.58 and dipped to a low of 96.9. The consensus rating on the stock is currently Buy, and today’s volume has been measured around 22135.

The Awesome Oscillator reading is currently 3.256441. Technical traders will watch the AO especially when it crosses above or below the zero line. A move above the line may signal a bullish scenario. A move below the zero line may indicate a bearish selling opportunity. The AO may prove to be a valuable tool for many momentum traders.

There are a number of different pivot points that traders can use when conducting stock analysis. Pivot points can be useful for traders looking to establish trading entry and exit points. Focusing on some popular one month pivots, we see that the Woodie pivot is currently at 93.215. The Woodie support 1 pivot is 90.91, and the Woodie resistance 1 pivot is 95.05. The Camarilla one month pivot is presently 93.066666. The one month Classic pivot is 93.066666 and the Classic resistance 1 is 94.753334 while the Classic support 1 pivot is measured at 90.613335.

Technical traders have many tools at their disposal when conducting stock research. One of those tools is the Exponential Moving Average or EMA. The EMA is similar to the simple moving average, but more weight is put on the newest data. Let’s look at some different EMA levels on shares of T. Rowe Price Group, Inc. (NASDAQ:TROW):

10 day Exponential Moving Average: 96.61536
20 day Exponential Moving Average: 95.608795
30 day Exponential Moving Average: 95.01997
50 day Exponential Moving Average: 94.372665
100 day Exponential Moving Average: 94.54949
200 day Exponential Moving Average: 97.69113

Making the tough buy or sell portfolio decisions is a typical challenge that most investors will eventually face. Trying to separate fact from emotion when making these decisions can be hard. It may be very difficult to part ways with a previously prized stock. Investors may have a checklist that includes certain criteria for portfolio evaluation purposes. When certain stocks no longer meet the guidelines, they may need to be cut loose. This is often easier said than done, especially when a stock has provided a large boost to the portfolio in the past. Investors who are able to successfully keep emotional attachment out of the stock picking process may give themselves a leg up compared to those who are not.  

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.