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

Auto-detected technical analysis for TROW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$115.79last close · Aug 4, 202652-week range $85.22 – $122.00 · 5.09% below the high

TROW Falling Wedge Pattern

TROW is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $100.21 (+14.3%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; TROW's own falling wedges have hit 57.1%.

DirectionBullishTarget$100.21Projected move+14.3%Breakout level$87.01

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 +30.89R move (17.6%) over 36 sessions. Across 178 backtested falling wedges, this setup wins 56.7% of the time.

OutcomeWinResult+30.89REntry$87.44Exit$102.84

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
TROW win rate
57.1%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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+30.89R
TriangleFeb 3, 2026 @ $104.83Feb 4, 2026 @ $99.70Win+1.11R
Rising WedgeJan 27, 2026 @ $104.80Feb 4, 2026 @ $95.99Win+1.89R
Falling WedgeNov 11, 2025 @ $103.51Nov 17, 2025 @ $97.42Loss-1.35R
Rising WedgeSep 10, 2025 @ $106.75Oct 31, 2025 @ $99.35Win+0.65R
Bullish PennantJun 24, 2025 @ $95.36Jul 29, 2025 @ $104.92Win+2.07R
Rising WedgeDec 9, 2024 @ $123.58Dec 18, 2024 @ $113.65Win+4.46R
TriangleOct 15, 2024 @ $111.19Nov 19, 2024 @ $117.95Win+1.25R
Falling WedgeSep 17, 2024 @ $106.18Nov 19, 2024 @ $117.95Win+2.27R
TriangleJul 25, 2024 @ $114.20Aug 2, 2024 @ $108.53Win+0.81R
TriangleJul 15, 2024 @ $119.17Jul 26, 2024 @ $112.08Loss-1.40R
Rising WedgeJun 25, 2024 @ $116.61Jul 16, 2024 @ $120.75Loss-1.33R

TROW Support and Resistance Levels

Price found a floor near $87.70 about 4 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $193.16 — still about 67% away.

  • Traders commonly watch $193.16 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $87.70 floor about 4 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $87.63, resistance near $197.02. These are chart/swing-derived levels, not formula pivots.

Resistance
$197.02
Support
$87.63$86.32$77.85

TROW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$114.18$116.14$112.49$115.79
Aug 3, 2026$111.75$114.10$110.43$113.51
Jul 31, 2026$115.13$116.07$110.25$111.75
Jul 30, 2026$119.50$119.88$117.73$119.28
Jul 29, 2026$120.07$121.50$118.61$118.87
Jul 28, 2026$119.52$122.00$119.19$121.68
Jul 27, 2026$117.85$119.40$117.08$119.21
Jul 24, 2026$115.50$116.91$114.96$116.50
Jul 23, 2026$115.24$115.56$113.88$114.95
Jul 22, 2026$116.94$117.79$115.64$116.01

TROW Frequently Asked Questions

What chart pattern is TROW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on T. Rowe Price (TROW) on the daily chart, with a measured-move target of $100.21.
Is a falling wedge bullish or bearish?
The falling wedge detected on TROW is a bullish pattern, projecting a measured-move target of $100.21. 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for TROW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), TROW's nearest support is around $87.63 and nearest resistance around $197.02.
What is the price target if TROW's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $100.21 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TROW's closing price on Aug 4, 2026?
T. Rowe Price (TROW) last closed at $115.79 on Aug 4, 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.