Ross Stores (ROST) Crossed Above the 20-Day Moving Average: What That Means for Investors
ROSTRoss Stores(ROST) ZACKS·2024-09-12 22:35

Ross Stores (ROST) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ROST crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Similar ...