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Ross Stores Falling Today on Above-Average Volume (ROST)

By Amy Schwartz

The price of Ross Stores shares has slipped to $60.97 (a 2.2% change) on heavy trading volume. About 3.6 million shares have been traded today, as compared to the 30-day average volume of 2.0 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Ross Stores on March 27th, 2017 by issuing a Downtrend alert when the shares were trading at $65.56. Since that call, shares of Ross Stores have fallen 4.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Ross Stores share prices have been bracketed by a low of $30.91 and a high of $69.81 and are now at $61.42, 99% 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%.

Keywords: unusual volume Ross Stores

Ticker(s): ROST