TGRW (NYSE)

TGRW NYSE

T Rowe Price Growth Stock ETF

SELL

Close

37.56

Prev.Close

38.54

Change

-0.9800

Change%

-2.54%

BEARISH ENGULFING

Sold at

37.98

Open

38.09

High

38.09

Low

37.56

Close

37.56

Gain%

-1.11%

Signal History

Date	Price	Signal	Change%		$100⇨
10/31	37.98	SELL	-1.1%		110
10/09	37.77	BUY	+0.6%	✔	109
10/07	37.09	SHORT	+1.8%	❌	112
09/25	37.58	BUY	-1.3%	❌	114
09/17	36.79	SELL	+2.2%	❌	114
09/10	35.67	BUY	+3.1%	✔	111
08/22	37.01	SELL	-3.6%	✔	111
08/09	34.92	BUY	+6.0%	✔	105
08/07	34.64	SHORT	+0.8%	❌	106
07/31	36.21	BUY	-4.3%	❌	111
07/17	37.30	SHORT	-2.9%	✔	109
07/02	37.53	BUY	-0.6%	❌	110
06/28	37.33	SELL	+0.6%	❌	110
06/26	37.22	BUY	+0.3%	✔	110
06/20	37.09	SELL	+0.4%	❌	110
06/03	35.04	BUY	+5.8%	✔	104
05/30	34.90	SELL	+0.4%	❌	105
05/02	33.16	BUY	+5.2%	✔	100
04/30	33.21	SHORT	-0.1%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 38.54, and our valid average selling price stands now at 37.98. The previous BUY signal was issued on 10/09/2024, 22 days ago, when the stock price was 37.77. Since then TGRW has risen by +0.56%.

Market Outlook

We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.

Pattern Description

This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...

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