Strange Happenings On Ross Stores, Inc. ($ROST) (2019-07-15)

NB: Before reading the Ross Stores, Inc. analysis below, we’d like to bring your attention to some excellent services for trading stocks like this:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-ROST-investors (this is a fantastic tool – use this to analyze Ross Stores, Inc. in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-ROST-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-ROST-investors
Trader HR: https://logistics-business-review.com/traderHR-for-ROST-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Ross Stores, Inc. ($ROST) has been trading over the last 2 weeks and the past day especially. On its latest session, Ross Stores, Inc. ($ROST) opened at 103.51, reaching a high of 106.78 and a low of 103.08 before closing at a price of 106.02. There was a total volume of 3693738.

VOLUME INDICATORS: We saw an accumulation-distribution index of 755.41894, an on-balance volume of -102.9, chaikin money flow of 1.263 and a force index of 5.797. There was an ease of movement rating of 0.00491, a volume-price trend of 8.51627 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.96228, bolinger bands of 103.72909, an upper bollinger band of 101.72091, lower bollinger band of 103.08, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 104.45667, high band keltner channel of 101.18667, low band keltner channel of 107.72667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 103.08, a donchian channel low band of 103.08, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.01593, a MACD signal of -0.00885, a MACD difference of -0.00708, a fast Exponential Moving Average (EMA) indicator of 103.08, a slow Exponential Moving Average (EMA) indicator of 103.08, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.28086, a trix of 5.90324, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -7.66723, a KST Oscillator (KST) of 80.35852 and a KST Oscillator (KST Signal) of 80.35852 (leaving a KST difference of -1.86034). We also found an Ichimoku rating of 105.145, an Ichimoku B rating of 105.145, a Ichimoku visual trend A of 97.40307, an Ichimoku visual trend B of 98.39784, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.68954, a stochastic oscillator of 113.14985, a stochastic oscillator signal of 113.14985, a Williams %R rating of 13.14985 and an awesome oscillator of -0.5555.

RETURNS: There was a daily return of 8.03585, a daily log return of -0.69117 and a cumulative return of -0.68879.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Ross Stores, Inc. ($ROST)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Ross Stores, Inc., we strongly advise Ross Stores, Inc. investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Ross Stores, Inc. – without this you are trading blind:

We will of course continue to cover the news and price action of Ross Stores, Inc., but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Ross Stores, Inc. ($ROST) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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