RALPH LAUREN CORP (RL) Stock Technical Analysis
NYSE:RL - US7512121010 - Common Stock
285.8 USD
+0.34 (+0.12%)
285.8 USD
0 (0%)
Overall RL gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that RL is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, RL also shows a nice and consistent pattern of rising prices.
RL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 85% of 50 stocks in the same industry.
RL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RL is lagging the market slightly.
In the last month RL has a been trading in the 273.04 - 306.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 285.79, a Stop Loss order could be placed below this zone.
More info and screens
218.29
307.50
We found 2 important support areas.
- A support zone ranging from 279.81 to 285.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @220.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 286.74 to 298.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @304.46 from a horizontal line in the daily time frame.
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 | 87.88 | POSITIVE | RL has a high relative strength, it outperformed 87.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RL is below a declining 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) | 45.79 | NEUTRAL | The RSI value for RL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.87 | NEGATIVE | The MACD value suggests RL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.55 | NEUTRAL | The Stochastics value for RL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for RL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.25 | 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 |
|---|---|---|---|
| 298.25 | 283.49 | 14.76 (4.95%) | 20.21% |
| An entry @298.25. This is a Buy Stop order right above the resistance zone. | An exit @283.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.76 points, which is 4.95%. | When investing 20.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
285.8
+0.34 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.12%
1 Week-1.66%
2 Weeks-0.85%
1 Month-4.17%
3 Month4.28%
6 Month2.92%
12 Month63.71%
2 Year145.05%
3 Year212.93%
5 Year315.23%
10 Year157.04%
15 Year277.34%
Volatility
ATR(14)8.91
ATR(20)%2.96%
ATR Inc-39.76%
Range Today8.83
ADR(20)7.38
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.88
Mansfield0.94
10 Day High304.33
10 Day Low283.5
20 Day High306.34
20 Day Low273.04
52 Week High306.34
52 Week Low167.32
CS1 End285.79
CR1 Start286.74
Volume & EV
DER(3)-3.29%
DER(5)-1.91%
Volume594.40K
Volume Incr-22.87%
Vol(5)584.38K
Vol(50)693.70K