ROSS STORES INC (ROST) Stock Technical Analysis
NASDAQ:ROST - Nasdaq - US7782961038 - Common Stock - Currency: USD
Overall ROST gets a technical rating of 5 out of 10. ROST has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ROST is one of the better performing stocks in the Specialty Retail industry, it outperforms 76% of 121 stocks in the same industry.
In the last month ROST has a been trading in the 124.36 - 144.31 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ROST has an average volume of 3480160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ROST outperforms 57% of them, which is more or less in line with the market.
ROST is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, ROST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 141.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 140.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ROST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
122.06
158.19
We found 3 important support areas.
- A support zone ranging from 137.76 to 140.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.30 from a trend line in the daily time frame.
- A support zone ranging from 123.29 to 124.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @141.47 from a trend line in the daily time frame.
- Resistance @148.31 from a trend line in the daily time frame.
- A resistance zone ranging from 155.21 to 156.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.57
Mansfield-0.27
10 Day High142.63
10 Day Low133.7
20 Day High144.31
20 Day Low124.36
52 Week High163.6
52 Week Low122.36
Performance
1 Week0.56%
2 Weeks0.62%
1 Month7.07%
3 Month-6.69%
6 Month0.31%
12 Month7.38%
2 Year35.58%
3 Year65.24%
5 Year44.89%
10 Year190.66%
15 Year436.22%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)57.82
LBB135.94
UBB143.04
140.49
+1.56 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.12%
1 Week0.56%
2 Weeks0.62%
1 Month7.07%
3 Month-6.69%
6 Month0.31%
12 Month7.38%
2 Year35.58%
3 Year65.24%
5 Year44.89%
10 Year190.66%
15 Year436.22%
Volatility
ATR(14)3.46
ATR(20)%3.4%
ATR Inc-41.86%
Range Today1.73
ADR(20)4.58
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.57
Mansfield-0.27
10 Day High142.63
10 Day Low133.7
20 Day High144.31
20 Day Low124.36
52 Week High163.6
52 Week Low122.36
CS1 End140.32
CR1 Start141.47
Volume & EV
DER(3)3.03%
DER(5)2.29%
Volume2.13M
Volume Incr-21.52%
Vol(5)2.64M
Vol(50)3.48M