Ross Stores's most recent trend suggests a bearish bias. One trading opportunity on Ross Stores is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 9.89% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $77.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Ross Stores is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Ross Stores is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Ross Stores
Ex-Dividend Reminder: Texas Roadhouse, Ross Stores and Kohl's
Thu, 05 Dec 2013 15:17:00 GMT
Forbes – Looking at the universe of stocks we cover at Dividend Channel, on 12/9/13, Texas Roadhouse Inc (NASD: TXRH), Ross Stores, Inc. (NASD: ROST), and Kohl's Corp. (NYSE: KSS) will all trade ex-dividend for their respective upcoming dividends. Texas Roadhouse Inc will pay its quarterly dividend of $0.12 on 12/27/13, Ross
Pisani's market open: Retail warning signs?
Thu, 05 Dec 2013 14:41:00 GMT
Cramer's Mad Money – Retail Is A Vicious Minefield (12/4/13)
Thu, 05 Dec 2013 10:43:35 GMT
Seeking Alpha – Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday December 4. Retail Is a Vicious Minefield: Express ( EXPR ), Ascena ( ASNA ), Ross Stores ( ROST ), TJX ( TJX ), …
A turn of retail events
Wed, 04 Dec 2013 23:15:00 GMT
CNBC – Mad Money host Jim Cramer says the best thing to do is stay away from investing in retailers until there is clarity.
Ross Stores downgraded to Neutral from Outperform at Credit Suisse
Wed, 04 Dec 2013 11:54:34 GMT
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