RL

Ralph Lauren CorporationConsumer Discretionary

$348.02-1.41%

Rounding Bottom Descending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$348.02

FEBMARAPR

RL Rounding Bottom Alert

The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$388.09

Stop

$353.60

Target

$457.05

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Rectangle

Sideways movement between parallel supports.

Market Analysis

Traders are watching Ralph Lauren Corporation (RL) as price action tightens. The stock is trading at $348.02, down 1.41% on the day. Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $388.09, targeting $457.05 with support near $353.6 (R:R 2.0).

Community Sentiment

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RL