Ralph Lauren Corporation (NYSE:RL) Dropped -0.5% – Here’s Why

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In its most recent trading session, Ralph Lauren Corporation (NYSE:RL) dropped by -0.5% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.716, an Accumulation/Distribution Index (ADI) of 1.716, an On-Balance Volume (OBV) of 487.849, and a Chaiikin Money Flow (CMF) of 118.79. 1.031

Now let’s plug these indicators in. According to Trading View, this is what it all means:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.