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Archive - 11/8/2024 - Sign In to see current Signals. |
Polo Ralph Lauren Corp. (RL) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Polo Ralph Lauren Corp. (RL). During the week, the RL gained 24.90 points, or 12.59%, and closed at 222.60 on Friday, November 8, 2024. Weekly volume was 22% above average. Long-term trend: [See RL long-term trend chart] A long-term uptrend had started on September 30, 2022 at 82.23 and reached 237.20 on November 7, 2024. RL gained -154.97 points, or -188.46%, in 109 weeks. The price is now at the 9.42% retracement level. Medium-term trend: [See RL medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 155.96 and reached 237.20 on November 7, 2024. RL gained -81.24 points, or -52.09%, in 13 weeks. The price is now at the 17.97% retracement level. Weekly Technical Indicators: [See RL weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since September 20, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See RL short-term trend chart] A short-term uptrend had started on November 1, 2024 at 194.70 and reached 237.20 on November 7, 2024. RL gained -42.50 points, or -21.83%, in 6 days. The price is now at the 34.35% retracement level. Daily Technical Indicators: [See RL daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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