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Bullish Moving Average Cross by Ralph Lauren Cor (RL)

By Nick Russo

Ralph Lauren Cor (NYSE:RL) shares have crossed bullishly above their 10-day moving average of $72.29 on a volume of 235K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ralph Lauren Cor share prices have been bracketed by a low of $66.06 and a high of $114.00 and are now at $73.43, 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.7%.

SmarTrend is tracking the current trend status for Ralph Lauren Cor and will alert subscribers who have RL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ralph lauren cor

Ticker(s): RL