Ross Stores, Inc., operating under the brand name Ross Dress for Less, is an American chain of discount department stores headquartered in Dublin, California. It is the largest off-price retailer in the U.S. The company delivered a robust Q4 2026, with EPS of $2.00 and revenue of $6.64B, both exceeding expectations. Same-store sales surged 9% year-over-year, and the company announced a 10% dividend hike and a new $2.55B buyback program. Shares outperformed the S&P 500, returning nearly 40% since August 2025, reflecting strong operational execution and capital returns.
The price closed the week at $206.28 and 20% above the rising 40 week moving average of $164. In spite of these impressive figures, the technical outlook gives a rather overstrained impression, with the weekly relative strength index overbought at 75% and the weekly choppiness index reflecting overzealous buying at 31. An attempt to break above the upper weekly Bollinger band was rejected and the stock ended the week at he lower end of the week's trading range ($216 - $204). Th Elasticity trading system has been triggering buy signals since July 2025 and recently exited a long trade and remains neutral. A break above the 35 level in the weekly choppiness index would suggest that a bout of profit taking will likely emerge.
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