RALPH LAUREN CORP (RL) Stock Technical Analysis
NYSE:RL - New York Stock Exchange, Inc. - US7512121010 - Common Stock - Currency: USD
Overall RL gets a technical rating of 10 out of 10. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that RL is one of the better performing stocks in the market, outperforming 93% 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 89% of 50 stocks in the same industry.
RL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RL is performing more or less in line with the market.
In the last month RL has a been trading in the 278.04 - 306.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
214.89
301.22
We found 2 important support areas.
- A support zone ranging from 260.20 to 260.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @217.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 295.88 to 298.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for RL is neutral. |
| ChartMill Relative Strength | 93.08 | POSITIVE | RL has a high relative strength, it outperformed 93.08% 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) | 56.91 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RL has a negative trend. |
| Stochastics (14,3) | 70.08 | NEUTRAL | The Stochastics value for RL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for RL suggests a possible start of a new 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)
293.77
-4.98 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.67%
1 Week-1.5%
2 Weeks1.48%
1 Month4.99%
3 Month26.28%
6 Month17.65%
12 Month78.69%
2 Year151.88%
3 Year221.66%
5 Year326.81%
10 Year164.21%
15 Year287.87%
Volatility
ATR(14)6.38
ATR(20)%2.14%
ATR Inc55.8%
Range Today9.28
ADR(20)5.8
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.08
Mansfield1.92
10 Day High306.34
10 Day Low286.08
20 Day High306.34
20 Day Low278.04
52 Week High306.34
52 Week Low155.96
CS1 End260.2
CR1 Start295.88
Volume & EV
DER(3)0.36%
DER(5)-0.33%
Volume675.90K
Volume Incr6.89%
Vol(5)639.52K
Vol(50)699.42K