Ross Stores's most recent trend suggests a bullish bias. One trading opportunity on Ross Stores is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 21.95% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Ross Stores is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Ross Stores is bullish.
The RSI indicator is at 71.72 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Ross Stores
Know Ross Stores (ROST) Stock Inside Out Before Investment
Wed, 07 Nov 2018 16:01:04 +0000
Ross Stores (ROST) displays strength, riding on solid surprise trend, robust outlook and long-term strategies. However, higher freight and wage-related costs are persistently hurting margins.
Here's Why Ross Stores (ROST) is a Great Momentum Stock to Buy
Wed, 07 Nov 2018 15:00:03 +0000
Does Ross Stores (ROST) have what it takes to be a top stock pick for momentum investors? Let's find out.
Ross Stores Announces Third Quarter 2018 Earnings Release and Conference Call
Tue, 06 Nov 2018 21:01:00 +0000
Dublin, CA, Nov. 06, 2018 — Dublin, California — Ross Stores, Inc. (Nasdaq: ROST) will announce its third quarter 2018 earnings results on Tuesday, November 20, 2018. A.
Ross Stores (ROST) Hits 52-Week High, Can the Run Continue?
Tue, 06 Nov 2018 14:15:02 +0000
Ross Stores (ROST) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
TGT vs. ROST: Which Stock Is the Better Value Option?
Mon, 05 Nov 2018 14:30:02 +0000
TGT vs. ROST: Which Stock Is the Better Value Option?
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