Ross Stores's most recent trend suggests a bullish bias. One trading opportunity on Ross Stores is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 23.46% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $52.50 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 30.43 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
Off-Price Retailers and Analyst Expectations for Earnings Growth
Fri, 30 Jun 2017 14:38:50 +0000
Burlington Stores saw higher growth in its earnings in fiscal 1Q17 than its larger peers TJX Companies and Ross Stores saw in their comparable quarters.
Which Off-Price Retailer is Delivering Better Margins?
Fri, 30 Jun 2017 13:08:35 +0000
Off-price retailers TJX Companies, Ross Stores, and Burlington Stores have low-cost operating models, in contrast to department stores.
Are Off-Price Retailers’ Sales Losing Momentum?
Fri, 30 Jun 2017 11:38:07 +0000
Off-price retailers TJX Companies, Ross Stores, and Burlington Stores all delivered better sales growth than major department stores in fiscal 1Q17.
How Have Off-Price Retailers Been Rewarding Investors?
Thu, 29 Jun 2017 21:11:33 +0000
As of June 26, TJX Companies has delivered total returns of -6.2% YTD, as compared to Ross Stores' and Burlington Stores' -13.1% and 4.6%, respectively.
Gurus' Holdings With Negative Performances
Thu, 29 Jun 2017 20:12:33 +0000
7 worst-performing stocks in gurus' portfolios
Related Posts
Also on Market Tamer…
Follow Us on Facebook