US stock / ETF

Ross Stores, Inc.

ROST · NASDAQ · USD

4 hoursBullish63%
4h Upside probability 63%Bullish

ROST 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $227.72 and reclaim $250.

Invalidation Trigger

Lose $227.72 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 50.0, MACD -0.192

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.78 (1.17%)

4h

EMA Structure

Bullish
EMA 8$238.73Bearish
EMA 21$237.77Bearish
EMA 50$235.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.0 · MACD -0.192

Neutral zone

Strength
Bearish
Volatility
ATR $2.78 · BB 5.79%

Low volatility

Strength
Bullish
Volume
MFI 71.2 · OBV 10.86%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$227.72 - $250

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.55% · 5.6 ATR above latest close

$252.78
Nearest resistance

+5.38% · 4.6 ATR above · 34-bar high

$250
Current price

Price shown is delayed

$237.24
Nearest support

-4.01% · 3.4 ATR below · 34-bar low

$227.72
Deeper support zone

-5.19% · 4.4 ATR below latest close

$224.94
ATR zone

Latest close ± ATR14

$234.46 - $240.02

Indicators

Trend

Dow Theory Structure

Confirmation $246.79, invalidation $234.58

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

Trend strength is moderate

21.5 / 27.4 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$227.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.03 / $238.35Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Low volatility

$2.78 (1.17%)Bullish
Bollinger Bands (20,2)

Width 5.79%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$244.32 / $231.39Bullish
ATR channel lower / upper

Current Volatility Envelope

$234.46 / $240.02Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$250Range
Support

Nearest Downside Decision Level

$227.72Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.8 / 30.9Bearish
Williams %R (14)

Neutral zone

-78.2Range
CCI (20)

Balanced zone

-11.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.2Bullish
OBV slope

20-period OBV slope

10.86%Bullish
Volume ratio

Relative to 20-period average volume

2.22xBullish

Trend

Dow Theory Structure

Confirmation $246.79, invalidation $234.58

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

Trend strength is moderate

21.5 / 27.4 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$227.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.03 / $238.35Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.8 / 30.9Bearish
Williams %R (14)

Neutral zone

-78.2Range
CCI (20)

Balanced zone

-11.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.78 (1.17%)Bullish
Bollinger Bands (20,2)

Width 5.79%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$244.32 / $231.39Bullish
ATR channel lower / upper

Current Volatility Envelope

$234.46 / $240.02Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.2Bullish
OBV slope

20-period OBV slope

10.86%Bullish
Volume ratio

Relative to 20-period average volume

2.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$250Range
Support

Nearest Downside Decision Level

$227.72Range

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