US stock / ETF

Ross Stores, Inc.

ROST · NASDAQ · USD

1 hourBullish54%
1h Upside probability 54%Bullish

ROST 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $234.58 and reclaim $246.79.

Invalidation Trigger

Lose $234.58 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 45.7, MACD -0.608

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.94 (0.82%)

1h

EMA Structure

Range
EMA 8$237.94Bearish
EMA 21$238.62Bearish
EMA 50$237.94Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD -0.608

Neutral zone

Strength
Bearish
Volatility
ATR $1.94 · BB 3.76%

Low volatility

Strength
Bullish
Volume
MFI 73.9 · OBV 3.79%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$234.58 - $246.79

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.84% · 5.9 ATR above latest close

$248.73
Nearest resistance

+4.03% · 4.9 ATR above · 34-bar high

$246.79
Current price

Price shown is delayed

$237.24
Nearest support

-1.12% · 1.4 ATR below · 34-bar low

$234.58
Deeper support zone

-1.94% · 2.4 ATR below latest close

$232.64
ATR zone

Latest close ± ATR14

$235.3 - $239.18

Indicators

Trend

Dow Theory Structure

Confirmation $246.79, invalidation $239.85

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.5 / 39.2 / 44.9Bearish
Supertrend (10,3)

Price is above Supertrend

$230.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.73 / $238.94Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Low volatility

$1.94 (0.82%)Bullish
Bollinger Bands (20,2)

Width 3.76%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.43 / $233.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.3 / $239.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.79Range
Support

Nearest Downside Decision Level

$234.58Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.608Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 4.0Bullish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.9Bullish
OBV slope

20-period OBV slope

3.79%Bullish
Volume ratio

Relative to 20-period average volume

5.46xBullish

Trend

Dow Theory Structure

Confirmation $246.79, invalidation $239.85

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.5 / 39.2 / 44.9Bearish
Supertrend (10,3)

Price is above Supertrend

$230.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.73 / $238.94Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.608Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 4.0Bullish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.94 (0.82%)Bullish
Bollinger Bands (20,2)

Width 3.76%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.43 / $233.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.3 / $239.18Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.9Bullish
OBV slope

20-period OBV slope

3.79%Bullish
Volume ratio

Relative to 20-period average volume

5.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.79Range
Support

Nearest Downside Decision Level

$234.58Range

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