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Archive - 10/16/2026 - Sign In to see current Signals. |
Ross Stores (ROST) Technical Analysis
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| Summary:
| | Weekly : | | Daily :       Move cursor over the icon to see details.
| | It was a first positive week for the Ross Stores (ROST). During the week, the ROST gained 14.48 points, or 6.51%, and closed at 236.89 on Friday, October 16, 2026. It was the best weekly gain since May 22, 2026. Weekly volume was -23% below average.
Long-term trend: [See ROST long-term trend chart] A long-term uptrend had started on November 8, 2022 at 90.31 and reached 257.00 on August 3, 2026. ROST gained -166.69 points, or -184.58%, in 194 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (144.62) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ROST medium-term trend chart] A medium-term uptrend had started on June 26, 2025 at 124.49 and reached 257.00 on August 3, 2026. ROST gained -132.51 points, or -106.44%, in 57 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 230.38 and resistance is at 279.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ROST weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since August 14, 2026. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See ROST short-term trend chart] A short-term downtrend had started on August 3, 2026 at 257.00 and reached 220.10 on October 9, 2026. ROST lost 36.90 points, or 14.36%, in 67 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (219.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ROST may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See ROST daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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