RALPH LAUREN CORP (RL) Stock Technical Analysis
USA - NYSE:RL - US7512121010 - Common Stock
332.12 USD
-2.86 (-0.85%)
332.12 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RL is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, RL also shows a nice and consistent pattern of rising prices.
RL is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry. RL outperforms 91% of them.
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 299.98 - 340.61 range, which is quite wide. It is currently trading near the high of this range.
RL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 323.39, a Stop Loss order could be placed below this zone.
More info and screens
225.59
338.34
4 important support areas can be observed.
- A support zone ranging from 317.36 to 323.70. 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 306.12 to 310.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 283.33 to 286.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @227.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 332.13 to 334.99. 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 | 90.49 | POSITIVE | RL has a high relative strength, it outperformed 90.49% 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) | 61.8 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests RL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests RL may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | 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)
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 |
|---|---|---|---|
| 335.00 | 316.36 | 18.64 (5.56%) | 17.97% |
| An entry @335.00. This is a Buy Stop order right above the resistance zone. | An exit @316.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 18.64 points, which is 5.56%. | For a 1.00% total portfolio risk, you can invest 17.97% of your capital in this trade. |
- 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.
332.12
-2.86 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.85%
1 Week4.3%
2 Weeks0.94%
1 Month6.45%
3 Month11.36%
6 Month50.99%
12 Month68.09%
2 Year195.14%
3 Year258.31%
5 Year396.81%
10 Year199.83%
15 Year242.82%
Volatility
ATR(14)8.77
ATR(20)%2.65%
ATR Inc-7.4%
Range Today6.91
ADR(20)8.04
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.49
3 months CRS81.02
6 months CRS86.51
Mansfield1.56
10 Day High340.61
10 Day Low308.25
20 Day High340.61
20 Day Low299.98
52 Week High340.61
52 Week Low176.61
CS1 End323.39
CR1 Start334.99
Volume & EV
DER(3)-0.81%
DER(5)-0.87%
Volume420.28K
Volume Incr-28.16%
Vol(5)409.68K
Vol(50)576.12K