Ross Stores's most recent trend suggests a bearish bias. One trading opportunity on Ross Stores is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 17.65% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $92.50 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 at 44.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ross Stores
These 3 Discount Retailers Have Outpaced Industry in a Month
Wed, 27 Jun 2018 14:47:00 +0000
The retail landscape has been undergoing a fundamental change with technology playing a major role and the focus shifting to online shopping. Be it department stores, discount retailers, supermarket chains or grocery players, all are in the race of survival of the fittest.
Free Post Earnings Research Report: Ross Stores’ Quarterly Earnings Increased 35.37%
Tue, 26 Jun 2018 11:00:00 +0000
LONDON, UK / ACCESSWIRE / June 26, 2018 / If you want access to our free earnings report on Ross Stores, Inc. (NASDAQ: ROST), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ROST. The Company reported its financial results on May 24, 2018, for the first quarter of the fiscal year 2018, ended May 05, 2018. The Company surpassed analysts' consensus estimates for earnings and revenues in Q1 FY18.
See what the IHS Markit Score report has to say about Ross Stores Inc.
Mon, 25 Jun 2018 12:05:21 +0000
Ross Stores Inc NASDAQ/NGS:ROST
Ross Stores (ROST) Up 4.4% Since Earnings Report: Can It Continue?
Mon, 25 Jun 2018 09:18:09 +0000
Ross Stores (ROST) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Wedbush Sees Strong Trends Backing Discount Retail
Fri, 22 Jun 2018 16:55:57 +0000
Wedbush initiated coverage on three retailers, highlighting strong macro trends and business models that made it difficult for e-commerce rivals to replicate. The Ratings Wedbush analyst Jen Redding initiated …
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