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Ross Stores Crosses Below its 10-day MA (ROST)

By Nick Russo

Ross Stores (NASDAQ:ROST) crossed under its 10-day moving average of $64.09 on a volume of 210K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Ross Stores have traded between a low of $30.91 and a high of $66.28 and are now at $63.98, which is 107% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in Ross Stores. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ross Stores in search of a potential trend change.

Keywords: moving crosses Ross Stores

Ticker(s): ROST