ROSS STORES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ROST
ISIN:

ROSS STORES INC. - 1H - Technical analysis published on 09/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 151.96 USD

My targets

157.80 USD (+2.28%)

163.20 USD (+5.78%)

My analysis

ROSS STORES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 151.96 USD. The next resistance located at 157.80 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 163.20 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ROSS STORES INC. rating 154.28 USD. The price registered a decrease of -0.10% on the session and was between 153.26 USD and 154.47 USD. This implies that the price is at +0.67% from its lowest and at -0.12% from its highest.

153.26

154.47

154.28

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ROSS STORES INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	143.64	149.32	151.96	154.28	154.83	163.20
Change (%)	-6.90%	-3.21%	-1.50%	-	+0.36%	+5.78%
Change	-10.64	-4.96	-2.32	-	+0.55	+8.92
Level	Intermediate	Major	Minor	-	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	151.25	151.92	153.18	153.85	155.11	155.78	157.04
Camarilla	153.91	154.09	154.26	154.44	154.62	154.79	154.97
Woodie	151.55	152.07	153.48	154.00	155.41	155.93	157.34
Fibonacci	151.92	152.66	153.11	153.85	154.59	155.04	155.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	143.14	145.68	150.47	153.01	157.80	160.34	165.13
Camarilla	153.23	153.91	154.58	155.25	155.92	156.59	157.27
Woodie	144.26	146.24	151.59	153.57	158.92	160.90	166.25
Fibonacci	145.68	148.48	150.21	153.01	155.81	157.54	160.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	107.88	121.53	135.89	149.54	163.90	177.55	191.91
Camarilla	142.54	145.11	147.67	150.24	152.81	155.38	157.94
Woodie	108.23	121.71	136.24	149.72	164.25	177.73	192.26
Fibonacci	121.53	132.23	138.84	149.54	160.24	166.85	177.55

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	52.63
MACD (12,26,9):	0.4300
Directional Movement:	7.87
AROON (14):	50.00
DEMA (21):	153.54
Parabolic SAR (0,02-0,02-0,2):	152.08
Elder Ray (13):	0.38
Super Trend (3,10):	151.07
Zig ZAG (10):	153.59
VORTEX (21):	0.9500
Stochastique (14,3,5):	87.56
TEMA (21):	153.85
Williams %R (14):	-22.58
Chande Momentum Oscillator (20):	2.13
Repulse (5,40,3):	-0.0700
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	3.53

MA7:	152.89
MA20:	152.04
MA50:	146.94
MA100:	143.38
MAexp7:	153.71
MAexp20:	153.06
MAexp50:	152.55
MAexp100:	151.72
Price / MA7:	+0.91%
Price / MA20:	+1.47%
Price / MA50:	+5.00%
Price / MA100:	+7.60%
Price / MAexp7:	+0.37%
Price / MAexp20:	+0.80%
Price / MAexp50:	+1.13%
Price / MAexp100:	+1.69%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on ROSS STORES INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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