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Ross Stores Inc Bullish Moving Average Crossover Alert (ROST)

By Shiri Gupta

Ross Stores Inc (NASDAQ:ROST) crossed over its 10-day moving average of $77.49 on a volume of 440K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ross Stores Inc share prices have been bracketed by a low of $52.75 and a high of $85.66 and are now at $77.78, 47% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

SmarTrend is tracking the current trend status for Ross Stores Inc and will alert subscribers who have ROST in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ross stores inc

Ticker(s): ROST