Ross Stores saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 79 to 82.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of above 80 as they launch their biggest price moves.
Ross Stores is trying to complete a consolidation with a 163.60 entry. See if it can break out in volume at least 40% above average.
Ross Stores reported negative growth for both sales and earnings last quarter. The company is expected to release its next quarterly numbers on or around May 22.
Ross Stores holds the No. 4 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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