How does RL's 2025 forecast compare to past trends?
4/11/2025 06:41pm
Ralph Lauren's (RL) 2025 forecast shows a bearish trend in the short term but a bullish outlook in the medium to long term, compared to its past trends.
1. **Current Trend**: The stock is currently in a bearish trend, which has lasted for 7 days. The probability of continuing this trend is 81%, based on the clear trend observed over the last 4 days.
2. **Forecast Price Trend**: The forecast for RL in the next few days shows a general upward trend, with prices predicted to fluctuate around the $200 to $210 mark. This is a stark contrast to the current bearish trend, suggesting that the stock may reverse its fortunes in the near future.
3. **Support and Resistance Levels**: RL's current price is positioned between narrow resistance and wide resistance levels, and above wide support levels. This indicates that while there is a potential for the stock to rise, it is also facing resistance from previous highs.
4. **Historical Performance**: RL has a historical win rate of 64.09% for the forecast price trend, which is slightly higher than the market average of 60.96%. This suggests that the forecast has a reasonable chance of accuracy, based on past performance.
In conclusion, while RL's 2025 forecast shows a bearish short-term trend, the medium to long-term outlook appears bullish, with the stock potentially reversing its fortunes in the coming days. This is supported by the forecast price trend, the current price's position relative to support and resistance levels, and the company's historical performance.