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Archive - 4/17/2025 - 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 the negative week for the Ross Stores (ROST). During the week, the ROST dropped -1.87 points, or -1.32%, and closed at 139.63 on Thursday, April 17, 2025. ROST was trading at average weekly trading volume. ROST is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ROST long-term trend chart] A long-term uptrend had started on November 8, 2022 at 90.31 and reached 163.55 on August 23, 2024. ROST gained -73.24 points, or -81.10%, in 93 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (149.69) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
Medium-term trend: [See ROST medium-term trend chart] A medium-term downtrend had started on December 9, 2024 at 158.69 and reached 122.40 on March 21, 2025. ROST lost 36.29 points, or 22.87%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 114.54 and resistance is at 151.89. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ROST weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since January 17, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See ROST short-term trend chart] A short-term uptrend had started on March 21, 2025 at 122.40 and reached 144.31 on April 14, 2025. ROST gained -21.91 points, or -17.90%, in 24 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 126.10 and resistance is at 147.72. 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 short-term trend.
Daily Technical Indicators: [See ROST daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is above its signal line since March 21, 2025. This is an indication that the short-term trend is up.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
2 |
Industry |
Apparel Retail |
102 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
144.31 |
High Date |
04/14/2025 |
Low |
137.73 |
Low Date |
04/16/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
147.72 |
Support |
126.10 |
Low |
122.40 |
Low Date |
03/21/2025 |
High |
144.31 |
High Date |
04/14/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
151.89 |
Support |
114.54 |
High |
158.69 |
High Date |
12/09/2024 |
Low |
122.40 |
Low Date |
03/21/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
163.55 |
High Date |
08/23/2024 |
Low |
122.40 |
Low Date |
03/21/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
179.88 |
Support |
149.69 |
Low |
90.31 |
Low Date |
11/08/2022 |
High |
163.55 |
High Date |
08/23/2024 |
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