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- 6/26/2020 -
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Polo Ralph Lauren Corp. (RL)

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Summary:
Weekly :Williams' Percentage Range is oversoldTrend support at 66.44Trend support at 65.10
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversoldLane's Stochastic bullish divergence
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It was the negative week for the Polo Ralph Lauren Corp. (RL). During the week, the RL dropped -3.69 points, or -5.17%, and closed at 67.70 on Friday, June 26, 2020. Weekly volume was -15% below average.

Long-term trend: [See RL long-term trend chart]
A long-term downtrend had started on July 31, 2018 at 147.79 and reached 59.82 on April 3, 2020. RL lost 87.97 points, or 59.52%, in 87 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (66.44) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See RL medium-term trend chart]
A medium-term uptrend had started on April 3, 2020 at 59.82 and reached 93.11 on June 5, 2020. RL gained -33.29 points, or -55.65%, in 9 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (65.10) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See RL weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 5, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See RL short-term trend chart]
A short-term downtrend had started on June 5, 2020 at 93.11 and reached 67.15 on June 26, 2020. RL lost 25.96 points, or 27.88%, in 21 days. Price is near the trend low.

Daily Technical Indicators: [See RL daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is below its signal line since June 11, 2020. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 16.37
Oversold
Williams' Percentage Range (W%R) 88.90
Oversold
Lane's Stochastic (%D-Slow) 18.58
Oversold Bullish
Greed/Fear Indicator (GFI) 15.36
Oversold
Moving Average Converg./Diverg. (MACD) -0.38
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.55
Williams' Percentage Range (W%R) 85.10
Oversold
Lane's Stochastic (%D-Slow) 55.55
Greed/Fear Indicator (GFI) 40.37
Moving Average Converg./Diverg. (MACD) -8.36
Trading Signals
Description Value Chart
Upper Bollinger Band 87.19
Weekly Stochastic Crossing 78.29
20 Day Moving Average 77.25
Parabolic System 75.08
50 Day Moving Average 74.10
Daily Stochastic Crossing 68.97
Price 67.70
Yearly Trendline Support 66.44
Monthly Trendline Support 65.10
Lower Bollinger Band 61.72
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Apparel, Accessories & Luxury Goods 18
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 75.28
High Date 06/23/2020
Low 67.15
Low Date 06/26/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 93.11
High Date 06/05/2020
Low 67.15
Low Date 06/26/2020
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 98.62
Support 65.10
Low 59.82
Low Date 04/03/2020
High 93.11
High Date 06/05/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 128.29
High Date 02/05/2020
Low 59.82
Low Date 04/03/2020
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Support
Resistance 114.08
Support 66.44
High 147.79
High Date 07/31/2018
Low 59.82
Low Date 04/03/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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