ROST Enters Squeeze Mode at $181.14
NeutralRoss Stores Inc (ROST) closed down 0.30% at $181.14 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($181.29). The 21-day EMA sits at $178.39.
Momentum
RSI at 72.2 is in overbought territory, suggesting potential near-term exhaustion. MACD is bearish (3.71 vs signal 4.51).
Volatility
Stock has been in a TTM Squeeze for 5 days, indicating compressed volatility and potential for a significant move.