Ross Stores, Inc. (ROST) Went Up 0.7%, And Here’s Why

After completing its last trading session, Ross Stores, Inc. (ROST) spiked up by 0.7% – here is what that looked like (as of 2019-11-08):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.019, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.176, an Accumulation/Distribution Index (ADI) of 1.176, an On-Balance Volume (OBV) of 4481.851, and a Chaiikin Money Flow (CMF) of -112.26. 1.248

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Ross Stores, Inc. (ROST). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen