US stock / ETF

Ross Stores, Inc.

ROST · NASDAQ · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

ROST 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $233.75 and stabilize above resistance $240.99.

Invalidation Trigger

Break above $240.99 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.5, MACD -1.174

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (1.01%)

4h

EMA Structure

Range
EMA 8$232.56Bearish
EMA 21$233.75Bearish
EMA 50$232.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.5 · MACD -1.174

Momentum is weak

Strength
Bearish
Volatility
ATR $2.33 · BB 4.87%

Low volatility

Strength
Bullish
Volume
MFI 41.3 · OBV -4.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$224.26 - $240.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.11% · 6.0 ATR above latest close

$243.32
Nearest resistance

+5.1% · 5.0 ATR above · 34-bar high

$240.99
Current price

Price shown is delayed

$229.3
Nearest support

-2.2% · 2.2 ATR below · 34-bar low

$224.26
Deeper support zone

-3.21% · 3.2 ATR below latest close

$221.93
ATR zone

Latest close ± ATR14

$226.97 - $231.63

Indicators

Trend

Dow Theory Structure

Confirmation $233.48, invalidation $236.94

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

44.7 / 13.5 / 46.2Bearish
Supertrend (10,3)

Price is above Supertrend

$221.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.89 / $230.55Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$2.33 (1.01%)Bullish
Bollinger Bands (20,2)

Width 4.87%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$238.94 / $228.59Bullish
ATR channel lower / upper

Current Volatility Envelope

$226.97 / $231.63Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.99Range
Support

Nearest Downside Decision Level

$224.26Range

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-1.174Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.2 / 9.8Bearish
Williams %R (14)

Oversold zone

-90.8Bullish
CCI (20)

Weak expansion

-215.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.3Bearish
OBV slope

20-period OBV slope

-4.75%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Trend

Dow Theory Structure

Confirmation $233.48, invalidation $236.94

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

44.7 / 13.5 / 46.2Bearish
Supertrend (10,3)

Price is above Supertrend

$221.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.89 / $230.55Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-1.174Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.2 / 9.8Bearish
Williams %R (14)

Oversold zone

-90.8Bullish
CCI (20)

Weak expansion

-215.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.33 (1.01%)Bullish
Bollinger Bands (20,2)

Width 4.87%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$238.94 / $228.59Bullish
ATR channel lower / upper

Current Volatility Envelope

$226.97 / $231.63Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.3Bearish
OBV slope

20-period OBV slope

-4.75%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.99Range
Support

Nearest Downside Decision Level

$224.26Range

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