RALPH LAUREN CORP (RL) Technical Analysis
NYSE:RL • US7512121010
Current stock price
RL Technical Rating and Analysis
Taking everything into account, RL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RL did better than 85% of all other stocks. We also observe that the gains produced by RL over the past year are nicely spread over this period.
- RL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RL has a been trading in the 324.34 - 393.41 range, which is quite wide. It is currently trading near the high of this range.
- RL is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 68% of 45 stocks in the same industry.
RL Weekly and Daily overview Charts
RL Setup Rating and Analysis
Besides having an excellent technical rating, RL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 386.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 371.22, a Stop Loss order could be placed below this zone.
More info and screens
RL Support and Resistance Analysis
252.43
5 important support areas can be observed.
- Support @371.22 from a horizontal line in the daily time frame.
- A support zone ranging from 358.31 to 362.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @338.03 from a trend line in the weekly time frame.
- A support zone ranging from 324.10 to 327.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @254.98 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 386.89 to 389.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
RL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RL is up. |
| ChartMill Relative Strength | 85.9 | POSITIVE | RL has a high relative strength, it outperformed 85.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.47 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.04 | POSITIVE | The MACD value suggests RL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.58 | OVERBOUGHT | The high Stochastics value suggests RL may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for RL suggests a possible start of a new trend. |
RL Chart- and CandleStick Pattern Analysis
RL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 389.54 | 371.21 | 18.33 (4.71%) | 21.25% |
| An entry @389.54. This is a Buy Stop order right above the resistance zone. | An exit @371.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 18.33 points, which is 4.71%. | For a 1.00% total portfolio risk, you can invest 21.25% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RL Technicals: Chart, Performance Metrics, Trend & Indicators
375.29
-11.48 (-2.97%)
RALPH LAUREN CORP / RL TA FAQ
What is the ChartMill technical rating of RALPH LAUREN CORP (RL) stock?
ChartMill assigns a technical rating of 10 / 10 to RL.
What is the current trend direction of RALPH LAUREN CORP (RL) stock?
The current trend direction for RALPH LAUREN CORP (RL) is Bullish.
Can you provide the RSI signal for RALPH LAUREN CORP?
RALPH LAUREN CORP (RL) has an RSI value of 55.4689. This indicates that the stock is currently neutral.
What is the MACD signal for RL stock?
The MACD indicator for RALPH LAUREN CORP (RL) has a value of 2.03508, indicating a bullish trend.
Can you provide the buy/sell signal for RALPH LAUREN CORP?
The buy/sell signal for RALPH LAUREN CORP (RL) is buy as both the short term and long term trends are positive.