The Relative Strength (RS) Rating for Ross Stores entered a new percentile Tuesday, with a rise from 69 to 80.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Ross Stores is working on a consolidation with a 163.60 entry. See if the stock can break out in volume at least 40% higher than normal.
Ross Stores reported negative growth for both the top and bottom lines last quarter. The company is expected to release its next quarterly numbers on or around May 22.
Ross Stores holds the No. 5 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters is the No. 1-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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