RALPH LAUREN CORP (RL) Stock Technical Analysis
NYSE:RL - New York Stock Exchange, Inc. - US7512121010 - Common Stock - Currency: USD
Taking everything into account, RL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RL is one of the better performing stocks in the market, outperforming 92% of all stocks.
RL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 87% of 50 stocks in the same industry.
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 258.13 - 295.52 range, which is quite wide. It is currently trading near the high of this range.
Although RL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
211.49
293.48
We found 3 important support areas.
- A support zone ranging from 281.52 to 283.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 260.20 to 263.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @213.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 287.00 to 290.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.29 | POSITIVE | RL has a high relative strength, it outperformed 92.29% 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) | 62.98 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests RL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.94 | OVERBOUGHT | The high Stochastics value suggests RL may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for RL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
286.99
-2.88 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.99%
1 Week2.57%
2 Weeks4.94%
1 Month7.22%
3 Month45%
6 Month20.92%
12 Month58.05%
2 Year118.53%
3 Year190.98%
5 Year302.51%
10 Year127.97%
15 Year263.23%
Volatility
ATR(14)6.9
ATR(20)%2.45%
ATR Inc-22.12%
Range Today5.17
ADR(20)6.62
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.29
Mansfield1.89
10 Day High295.52
10 Day Low266.2
20 Day High295.52
20 Day Low258.13
52 Week High295.52
52 Week Low155.96
CS1 End283.12
CR1 Start287
Volume & EV
DER(3)-2.46%
DER(5)-2.59%
Volume526.40K
Volume Incr-10.43%
Vol(5)649.06K
Vol(50)754.12K