US stock / ETF

Ross Stores, Inc.

ROST · NASDAQ · USD

4 hoursBearish74%
4h Downside probability 74%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 $232.64 and stabilize above resistance $240.8.

Invalidation Trigger

Break above $240.8 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.0, MACD -0.870

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (1.02%)

4h

EMA Structure

Range
EMA 8$231.29Bearish
EMA 21$232.64Bearish
EMA 50$232.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.0 · MACD -0.870

Momentum is weak

Strength
Bearish
Volatility
ATR $2.33 · BB 4.18%

Low volatility

Strength
Bullish
Volume
MFI 10.3 · OBV -7.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$225 - $240.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.4% · 6.3 ATR above latest close

$243.13
Nearest resistance

+5.38% · 5.3 ATR above · 34-bar high

$240.8
Current price

Price shown is delayed

$228.5
Nearest support

-1.53% · 1.5 ATR below · 34-bar low

$225
Deeper support zone

-2.55% · 2.5 ATR below latest close

$222.67
ATR zone

Latest close ± ATR14

$226.17 - $230.83

Indicators

Trend

Dow Theory Structure

Confirmation $240.8, invalidation $231.75

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.2 / 30.3 / 15.6Bullish
Supertrend (10,3)

Price is above Supertrend

$221.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.23 / $231.75Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$2.33 (1.02%)Bullish
Bollinger Bands (20,2)

Width 4.18%

-4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.62 / $227.62Bullish
ATR channel lower / upper

Current Volatility Envelope

$226.17 / $230.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.8Range
Support

Nearest Downside Decision Level

$225Range

Momentum

RSI (14)

Momentum is weak

36.0Bearish
MACD (12,26,9)

Histogram is negative

-0.870Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 6.5Bearish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-251.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

10.3Bearish
OBV slope

20-period OBV slope

-7.25%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Trend

Dow Theory Structure

Confirmation $240.8, invalidation $231.75

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.2 / 30.3 / 15.6Bullish
Supertrend (10,3)

Price is above Supertrend

$221.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.23 / $231.75Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

36.0Bearish
MACD (12,26,9)

Histogram is negative

-0.870Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 6.5Bearish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-251.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.33 (1.02%)Bullish
Bollinger Bands (20,2)

Width 4.18%

-4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.62 / $227.62Bullish
ATR channel lower / upper

Current Volatility Envelope

$226.17 / $230.83Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

10.3Bearish
OBV slope

20-period OBV slope

-7.25%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.8Range
Support

Nearest Downside Decision Level

$225Range

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