RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RL
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Green day on Wednesday for Ralph Lauren Corporation
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 26, 2024 Gain 29.42% PDF

The Ralph Lauren Corporation stock price gained 1.97% on the last trading day (Wednesday, 27th Mar 2024), rising from $182.89 to $186.50. During the last trading day the stock fluctuated 1.28% from a day low at $184.20 to a day high of $186.56. The price has risen in 6 of the last 10 days and is up by 2.02% over the past 2 weeks. Volume fell on the last day by -395 thousand shares and in total, 513 thousand shares were bought and sold for approximately $95.63 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 44.65% during the next 3 months and, with a 90% probability hold a price between $261.29 and $281.60 at the end of this 3-month period.

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RL Signals & Forecast

The Ralph Lauren Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $186.42 and $181.17. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -2.06%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Ralph Lauren Corporation stock

Ralph Lauren Corporation finds support from accumulated volume at $178.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.36 (1.28%) between high and low. For the last week, the stock has had daily average volatility of 1.81%.

Our recommended stop-loss: $179.15 (-3.94%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (RL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Ralph Lauren Corporation to open at $185.75, and during the day (based on 14 day Average True Range), to move between $182.38 and $190.62, which gives a possible trading interval of +/-$4.12 (+/-2.21%) up or down from last closing price. If Ralph Lauren Corporation takes out the full calculated possible swing range there will be an estimated 4.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $188.44 (1.04%) than the support at $178.18 (4.46%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ralph Lauren Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ralph Lauren Corporation stock to perform well in the short-term.

Current score: 4.910 Buy Candidate Unchanged

Predicted Opening Price for Ralph Lauren Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$185.75 ( 0.400%) $186.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 188.11 0.87 %
R2 187.21 0.382 %
R1 186.65 0.0830 %
Current price: 186.50
Support S1 184.85 -0.88 %
S2 184.29 -1.18 %
S3 183.39 -1.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 190.42 2.10 %
R2 190.32 2.05 %
R1 188.44 1.04 %
Current price 186.50
Support S1 178.18 -4.46%
S2 175.01 -6.16%
S3 171.85 -7.86%

RL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 12, 2024 $0.750 0.402%
2 Dec 15, 2023 Dec 29, 2023 Jan 12, 2024 $0.750 0.543%
3 Dec 15, 2023 Dec 28, 2023 Jan 12, 2024 $0.750 0.543%
4 Sep 15, 2023 Sep 28, 2023 Oct 13, 2023 $0.750 0.684%
5 Jun 16, 2023 Jun 29, 2023 Jul 14, 2023 $0.750 0.598%

FAQ

What is the symbol for Ralph Lauren Corporation Stock and on which exchange is it traded?
The symbol for Ralph Lauren Corporation is RL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ralph Lauren Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ralph Lauren Corporation stock to perform well in the short-term.

How to buy Ralph Lauren Corporation Stock?
Ralph Lauren Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ralph Lauren Corporation Stock.

What's the current price of Ralph Lauren Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Ralph Lauren Corporation (RL) share was $186.50.

What is the 52-week high and low for Ralph Lauren Corporation Stock?
The 52-week high for Ralph Lauren Corporation Stock is $192.03 and the 52-week low is $103.17.

What is the market capitalization of Ralph Lauren Corporation Stock?
As of the 2024-03-27, the market capitalization of Ralph Lauren Corporation is 11.709B.

When is the next earnings date for Ralph Lauren Corporation?
The upcoming earnings date for Ralph Lauren Corporation is May 23, 2024.
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About Ralph Lauren Corporation

Ralph Lauren Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men's, women's, and children's clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, ... RL Profile

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