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Ralph Lauren Cor Bearish Moving Average Crossover Alert (RL)

By James Quinn

Today, shares of Ralph Lauren Cor (NYSE:RL) have crossed bearishly below their 10-day moving average of $134.11 on a volume of 152K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Ralph Lauren Cor has traded in a range of $83.26 to $147.79 and is now at $132.76, 59% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.6%.

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