RALPH LAUREN CORP (RL) Technical Analysis
NYSE:RL • US7512121010
Current stock price
RL Technical Rating and Analysis
Taking everything into account, RL scores 9 out of 10 in our technical rating. In the last year, RL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that RL is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by RL over the past year are nicely spread over this period.
- RL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 84% of 45 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 324.34 - 387.26 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RL Weekly and Daily overview Charts
RL Setup Rating and Analysis
Although RL has an excellent technical rating, it does not offer a high quality setup 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
RL Support and Resistance Analysis
250.37
3 important support areas can be observed.
- A support zone ranging from 347.05 to 354.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 324.10 to 328.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @252.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 385.04 to 385.15. 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 | NEUTRAL | NEUTRAL | The long term trend for RL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RL is up. |
| ChartMill Relative Strength | 88.86 | POSITIVE | RL has a high relative strength, it outperformed 88.86% 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) | 61.96 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.7 | POSITIVE | The MACD value suggests RL has a positive trend. |
| Stochastics (14,3) | 94.02 | OVERBOUGHT | The high Stochastics value suggests RL may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for RL suggests a weak or negative trend. |
RL Chart- and CandleStick Pattern Analysis
RL Technicals: Chart, Performance Metrics, Trend & Indicators
379.87
-5.27 (-1.37%)
RALPH LAUREN CORP / RL TA FAQ
What is the ChartMill technical rating of RALPH LAUREN CORP (RL) stock?
ChartMill assigns a technical rating of 9 / 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 Bearish.
Can you provide the RSI signal for RALPH LAUREN CORP?
RALPH LAUREN CORP (RL) has an RSI value of 61.9576. 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 5.70258, indicating a bullish trend.