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Downtrend ExhaustionArchive
- 4/25/2025 -
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Ross Stores (ROST) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Ross Stores (ROST). During the week, the ROST climbed 0.07 points, or 0.05%, and closed at 139.70 on Friday, April 25, 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 (150.19) 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 August 23, 2024 at 163.55 and reached 122.40 on March 21, 2025. ROST lost 41.15 points, or 25.16%, in 30 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 118.13 and resistance is at 152.58. 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.
The weekly MACD line is below its signal line since January 17, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 135.72 and resistance is at 153.76. 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 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 signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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.
The daily MACD line is above its signal line since March 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the 20 Day Moving Average 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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