T. ROWE PRICE GROUP INC. - 1H - Technical analysis published on 12/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 121.43 USD
My targets
118.23 USD (-1.08%)
116.21 USD (-2.77%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on T. ROWE PRICE GROUP INC. as long as the price remains well below 121.43 USD. The sellers' bearish objective is set at 118.23 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 116.21 USD. In case of crossing, the next objective would be the support located at 114.43 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The T. ROWE PRICE GROUP INC. rating is 119.52 USD. The price is lower by -0.02% since the last closing with the lowest point at 119.31 USD and the highest point at 120.71 USD. The deviation from the price is +0.18% for the low point and -0.99% for the high point.119.31
120.71
119.52
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by T. ROWE PRICE GROUP INC.:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of T. ROWE PRICE GROUP INC. in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 114.43 | 116.21 | 118.23 | 119.52 | 120.07 | 121.43 | 123.41 |
| Change (%) | -4.26% | -2.77% | -1.08% | - | +0.46% | +1.60% | +3.25% |
| Change | -5.09 | -3.31 | -1.29 | - | +0.55 | +1.91 | +3.89 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.69 | 118.15 | 118.85 | 119.31 | 120.01 | 120.47 | 121.17 |
| Camarilla | 119.22 | 119.33 | 119.43 | 119.54 | 119.65 | 119.75 | 119.86 |
| Woodie | 117.80 | 118.21 | 118.96 | 119.37 | 120.12 | 120.53 | 121.28 |
| Fibonacci | 118.15 | 118.60 | 118.87 | 119.31 | 119.76 | 120.03 | 120.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 112.38 | 115.50 | 117.52 | 120.64 | 122.66 | 125.78 | 127.80 |
| Camarilla | 118.13 | 118.60 | 119.07 | 119.54 | 120.01 | 120.48 | 120.95 |
| Woodie | 111.83 | 115.23 | 116.97 | 120.37 | 122.11 | 125.51 | 127.25 |
| Fibonacci | 115.50 | 117.46 | 118.68 | 120.64 | 122.60 | 123.82 | 125.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.15 | 101.82 | 112.20 | 117.87 | 128.25 | 133.92 | 144.30 |
| Camarilla | 118.16 | 119.63 | 121.10 | 122.57 | 124.04 | 125.51 | 126.98 |
| Woodie | 98.50 | 103.00 | 114.55 | 119.05 | 130.60 | 135.10 | 146.65 |
| Fibonacci | 101.82 | 107.95 | 111.74 | 117.87 | 124.00 | 127.79 | 133.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.80 | |
| MACD (12,26,9): | -0.3900 | |
| Directional Movement: | -7.19 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 119.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 119.31 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 120.78 | |
| Zig ZAG (10): | 119.56 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 45.96 | |
| TEMA (21): | 119.40 | |
| Williams %R (14): | -55.88 | |
| Chande Momentum Oscillator (20): | 0.62 | |
| Repulse (5,40,3): | -0.3600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.35 |
| MA7: | 120.85 | |
| MA20: | 120.58 | |
| MA50: | 115.43 | |
| MA100: | 110.38 | |
| MAexp7: | 119.70 | |
| MAexp20: | 119.94 | |
| MAexp50: | 120.68 | |
| MAexp100: | 120.56 | |
| Price / MA7: | -1.10% | |
| Price / MA20: | -0.88% | |
| Price / MA50: | +3.54% | |
| Price / MA100: | +8.28% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.96% | |
| Price / MAexp100: | -0.86% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on T. ROWE PRICE GROUP INC. at the time of the analysis were as follows:
- T. Rowe Price Receives Local, National, and Global Recognition for Fostering a Positive Workplace Culture
- T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2024
- OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of FloWorks
- T. ROWE PRICE'S ACCLAIMED 'CONFIDENT CONVERSATIONS® ON RETIREMENT' PODCAST ENTERS ITS FOURTH SEASON
- T. ROWE PRICE 'DRIVES' AWARENESS TO ACTIVE ETFs IN SAN FRANCISCO
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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