Ralph Lauren Technical Analysis (NYSE:RL)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Ralph Lauren stock price data and volume are plotted in RL stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Ralph Lauren. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Ralph Lauren stock analysis.
Ralph Lauren Moving Average
Moving averages help predict the price direction of RL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $106.7 is below the price of $107.66.
Ralph Lauren Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RL stock. Currently the stock price of $107.66 is in the upper range of Ralph Lauren bollinger bands.
Ralph Lauren Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Ralph Lauren MACD indicator is below 0 indicating a bearish trend.
Ralph Lauren Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of RL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.