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Ralph Lauren Cor Bullish Moving Average Crossover Alert (RL)

By David Diaz

Ralph Lauren Cor (NYSE:RL) shares have crossed bullishly above their 10-day moving average of $114.16 on a volume of 123K shares. This may provide short-term investors a chance 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 $95.63 and a high of $147.79 and are now at $115.23, 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.2%.

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