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T. Rowe Price (TROW) Just Overtook the 200-Day Moving Average
T. Rowe PriceT. Rowe Price(US:TROW) ZACKSยท2025-08-05 14:32

Group 1 - T. Rowe Price (TROW) has reached a significant support level and is considered a good investment pick from a technical perspective, having recently broken through the 200-day moving average, indicating a long-term bullish trend [1] - Over the past four weeks, TROW has gained 7.1%, and it is currently ranked a Zacks Rank 1 (Strong Buy), suggesting potential for further upward movement [2] - Positive earnings estimate revisions bolster the bullish case for TROW, with no estimates decreasing in the past two months and seven estimates increasing, leading to a consensus estimate increase [3] Group 2 - The 200-day simple moving average is a useful tool for traders and analysts to determine long-term market trends, serving as a support or resistance level [2] - The combination of the technical indicator and positive earnings revisions makes TROW a candidate for investors' watchlists [3]