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Stock impact report

Ross Stores (ROST) Recently Broke Out Above the 20-Day Moving Average [Yahoo! Finance]

Ross Stores, Inc. (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Company Research Source: Yahoo! Finance
ROST surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend. Moving Average Chart for ROST ROST could be on the verge of another rally after moving 9.6% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock. The bullish case solidifies once investors consider ROST's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 7 higher, while the consensus estimate has increased too. Show less Read more
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