Analysis Summary for Ralph Lauren Corp. (RL)
Date of Analysis: October 24th, 2024
Time Target: An up cycle-composite arrives in November of 2024, after which, RL should sell off fast into its cycle bottom scheduled for April of 2026.
Price Target: $215 (+/- $5)
Projected Move: According to our mathematical work, RL is now increasing to its cycle top expected in November of 2024 at $215. Afterwards, RL is expected to demonstrate a fast move down by approximately 50%.
In summary: RL is scheduled to put in a top in November of 2024 at around $215 and then decline by about 50% over the following 18 months.
