ROSS STORES INC (ROST) Stock Technical Analysis
NASDAQ:ROST - Nasdaq - US7782961038 - Common Stock - Currency: USD
Taking everything into account, ROST scores 0 out of 10 in our technical rating. ROST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
65% of all other stocks performed better in the past year than ROST.
ROST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROST is lagging the market.
In the last month ROST has a been trading in the 129.19 - 155.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ROST has an average volume of 3439030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ROST is part of the Specialty Retail industry. There are 120 other stocks in this industry, ROST did better than 62% of them.
The technical rating of ROST is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
122.07
158.18
When analyzing the support we notice one important area.
- A support zone ranging from 123.30 to 125.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 139.36 to 144.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 153.14 to 156.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ROST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROST is down. |
| ChartMill Relative Strength | 35.7 | NEUTRAL | ROST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.05 | NEUTRAL | The RSI value for ROST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.5 | NEGATIVE | The MACD value suggests ROST has a negative trend. |
| Stochastics (14,3) | 19.91 | OVERSOLD | The low Stochastics value suggests ROST may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ROST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for ROST suggests a possible start of a new trend. |
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)
131.845
-1.62 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.22%
1 Week-8.31%
2 Weeks-5.89%
1 Month-13.2%
3 Month6.15%
6 Month-14.12%
12 Month-9.65%
2 Year17.58%
3 Year87.73%
5 Year54.68%
10 Year171.23%
15 Year394.82%
Volatility
ATR(14)3.52
ATR(20)%3.19%
ATR Inc-27.7%
Range Today3.25
ADR(20)3.52
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.7
Mansfield-1.24
10 Day High144.55
10 Day Low131.31
20 Day High155.58
20 Day Low129.2
52 Week High163.6
52 Week Low122.36
CS1 End125.37
CR1 Start139.36
Volume & EV
DER(3)0.91%
DER(5)1.54%
Volume3.00M
Volume Incr2%
Vol(5)3.75M
Vol(50)3.44M