• Return to Headlines

Ralph Lauren Cor Crosses Below its 10-day MA (RL)

By Amy Schwartz

Ralph Lauren Cor (NYSE:RL) shares have crossed bearishly below their 10-day moving average of $84.71 on a volume of 169K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Ralph Lauren Cor have traded between a low of $66.06 and a high of $114.00 and are now at $84.22, which is 27% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of Ralph Lauren Cor on June 22nd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $72.43. Since that recommendation, shares of Ralph Lauren Cor have risen 18.0%. We continue to monitor RL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ralph lauren cor

Ticker(s): RL