RALPH LAUREN CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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Type:	Stocks
Ticker:	RL
ISIN:

RALPH LAUREN CORP. - Daily - Technical analysis published on 11/12/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 113.68 USD

My targets

120.29 USD (+5.51%)

127.04 USD (+11.43%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RALPH LAUREN CORP. as long as the price remains well above 113.68 USD. The buyers” bullish objective is set at 120.29 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 127.04 USD. If there is any crossing, the next objective would be the resistance located at 132.09 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RALPH LAUREN CORP. rating 114.01 USD. The price registered an increase of +0.21% on the session with the lowest point at 111.85 USD and the highest point at 114.66 USD. The deviation from the price is +1.93% for the low point and -0.57% for the high point.

111.85

114.66

114.01

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RALPH LAUREN CORP.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this RALPH LAUREN CORP. chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	96.30	102.49	113.68	114.01	120.29	127.04	132.09
Change (%)	-15.53%	-10.10%	-0.29%	-	+5.51%	+11.43%	+15.86%
Change	-17.71	-11.52	-0.33	-	+6.28	+13.03	+18.08
Level	Major	Major	Major	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	107.31	109.44	111.60	113.73	115.89	118.02	120.18
Camarilla	112.59	112.98	113.38	113.77	114.16	114.56	114.95
Woodie	107.34	109.45	111.63	113.74	115.92	118.03	120.21
Fibonacci	109.44	111.08	112.09	113.73	115.37	116.38	118.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.22	91.87	102.82	109.47	120.42	127.07	138.02
Camarilla	108.93	110.54	112.16	113.77	115.38	117.00	118.61
Woodie	87.37	92.95	104.97	110.55	122.57	128.15	140.17
Fibonacci	91.87	98.59	102.75	109.47	116.19	120.35	127.07

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.86	82.44	89.25	94.83	101.64	107.22	114.03
Camarilla	92.65	93.79	94.92	96.06	97.20	98.33	99.47
Woodie	77.48	82.75	89.87	95.14	102.26	107.53	114.65
Fibonacci	82.44	87.17	90.10	94.83	99.56	102.49	107.22

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	75.24
MACD (12,26,9):	4.3700
Directional Movement:	32.89
AROON (14):	35.71
DEMA (21):	106.39
Parabolic SAR (0,02-0,02-0,2):	96.12
Elder Ray (13):	9.21
Super Trend (3,10):	101.50
Zig ZAG (10):	114.01
VORTEX (21):	1.1000
Stochastique (14,3,5):	92.58
TEMA (21):	109.90
Williams %R (14):	-9.56
Chande Momentum Oscillator (20):	16.89
Repulse (5,40,3):	2.9300
ROCnROLL:	1
TRIX (15,9):	0.3600
Courbe Coppock:	22.37

MA7:	106.20
MA20:	99.78
MA50:	96.24
MA100:	98.76
MAexp7:	107.94
MAexp20:	101.52
MAexp50:	98.21
MAexp100:	100.08
Price / MA7:	+7.35%
Price / MA20:	+14.26%
Price / MA50:	+18.46%
Price / MA100:	+15.44%
Price / MAexp7:	+5.62%
Price / MAexp20:	+12.30%
Price / MAexp50:	+16.09%
Price / MAexp100:	+13.92%

News

The last news published on RALPH LAUREN CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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