T. Rowe Price(TROW)

T. Rowe Price (TROW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TROW · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$116.01last close · Jul 22, 202652-week range $85.22$121.17 · 4.26% below the high

TROW Falling Wedge Pattern

TROW is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $99.68 (+14.3%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; TROW's own falling wedges have hit 60.0%.

DirectionBullishTarget$99.68Projected move+14.3%Breakout level$86.46

New to this pattern? What a falling wedge is and how to trade it →

TROW's Most Recent Falling Wedge Trade

TROW's most recent completed falling wedge resolved as a win: it broke higher on Mar 20, 2026 near $87.44, then reached its target at $102.84 on May 12, 2026 — a 17.6% move (+6.94R) over 36 sessions. Across 119 backtested falling wedges, this setup wins 54.6% of the time.

OutcomeWinResult+17.6%R+6.94REntry$87.44Exit$102.84

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
TROW win rate
60.0%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

TROW Pattern Trade History

Every completed pattern trade our nightly backtest found on TROW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 20, 2026 @ $87.44May 12, 2026 @ $102.84Win+14.3% · +6.94R
TriangleFeb 3, 2026 @ $104.83Feb 4, 2026 @ $99.70Win+5.5% · +1.11R
Falling WedgeNov 11, 2025 @ $103.48Nov 17, 2025 @ $97.42Loss+6.1% · -1.35R
Rising WedgeSep 10, 2025 @ $106.75Oct 31, 2025 @ $99.35Win+8.3% · +0.65R
Bullish PennantJun 24, 2025 @ $95.36Jul 29, 2025 @ $104.92Win+8.3% · +2.07R
Rising WedgeDec 9, 2024 @ $123.58Dec 18, 2024 @ $113.98Win+9.8% · +4.32R
TriangleOct 15, 2024 @ $111.19Nov 19, 2024 @ $117.95Win+8.6% · +1.25R
Falling WedgeSep 17, 2024 @ $106.18Nov 19, 2024 @ $117.95Win+13.6% · +2.27R
TriangleJul 25, 2024 @ $114.20Aug 2, 2024 @ $108.53Win+5.6% · +0.81R
TriangleMay 13, 2024 @ $112.36Jun 14, 2024 @ $114.90Win+7.6% · +0.52R
Rising WedgeApr 4, 2024 @ $117.87Apr 18, 2024 @ $108.54Win+9.6% · +2.13R
Falling WedgeDec 14, 2022 @ $117.76Feb 2, 2023 @ $128.75Loss+9.3% · -1.04R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

TROW Support and Resistance Levels

Price was turned away at a ceiling near $122.48 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $77.85 — still about 33% away.

  • Traders commonly watch $77.85 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $122.48 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

TROW Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$116.94$117.79$115.64$116.01
Jul 21, 2026$116.50$117.96$116.24$117.61
Jul 20, 2026$118.00$118.00$115.96$116.49
Jul 17, 2026$117.73$118.46$116.33$117.35
Jul 16, 2026$118.58$119.97$118.58$118.87
Jul 15, 2026$117.91$119.74$117.76$118.58
Jul 14, 2026$114.40$116.49$114.27$116.07
Jul 13, 2026$118.55$119.06$113.06$113.65
Jul 10, 2026$118.98$119.90$118.43$118.55
Jul 9, 2026$118.01$120.12$116.83$117.05

TROW Frequently Asked Questions

What chart pattern is TROW forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on T. Rowe Price (TROW) on the daily chart, with a measured-move target of $99.68.
Is a falling wedge bullish or bearish?
The falling wedge detected on TROW is a bullish pattern, projecting a measured-move target of $99.68. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if TROW's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $99.68 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TROW's closing price on Jul 22, 2026?
T. Rowe Price (TROW) last closed at $116.01 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.