RALPH LAUREN CORP (RL)       122.82  -1.39 (-1.12%)

122.82  -1.39 (-1.12%)

US7512121010 - Common Stock - After market: 122.82 0 (0%)

Technical Rating

8

Taking everything into account, RL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RL is only an average performer.



The long and short term trends are both positive. This is looking good!
RL is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry. RL outperforms 81% of them.
RL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RL slightly outperforms the market at the moment.
RL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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. However, this relatively good performance is mostly due to a recent big move.

Statistics

1 Month 3 Months 6 Months 12 Months 19.94% 31.67% 24.53% 12.38% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 90.6 82.2311 - 135.99
RL Weekly chart
RL Daily chart

Support/Resistance Analysis


99.63

129.07
We found 2 important support areas.
  • A support zone ranging from 121.96 to 122.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @100.64 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
  • Resistance @122.83 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 126.87 to 127.79. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

3

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.


RL Daily chart

RALPH LAUREN CORP122.82

NYSE:RL (1/27/2023, 7:04:00 PM)-1.39 (-1.12%)

After market: 122.82 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Textiles, Apparel & Luxury Goods

Performance
Today -1.12% 1 Week 1.46%
2 Weeks 2.84% 1 Month 19.94%
3 Month 31.67% 6 Month 24.53%

Volatility
ATR(14) 3.47 ATR(20)% 2.81%
ATR Inc 48.36% Range Today 4.92

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 90.6 Mansfield 1.79
10 Day High 127.43 10 Day Low 115.47
20 Day High 127.43 20 Day Low 102.27
52 Week High 135.99 52 Week Low 82.23
CS1 End 122.81 CR1 Start 122.83

Volume & EV
DER(3) 3.58% DER(5) 2.48%
Volume 1.29M Volume Incr 37.87%
Vol(5) 982.50K Vol(50) 855.41K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA