Ralph Lauren Corp

RL exhibits late‐stage distribution, highlighted by a primary Double Top signaling fading buying momentum and a secondary Lockout Rally reflecting forced repricing. The medium‐term bias is bearish under Stage 3 distribution, while a Lockout Rally override supports short‐term bullish timing. Execution will focus on disciplined trims into rallies into the declining 9/21EMA zone near prior resistance around the mid‐380s.

• ↑Revenue rose 14% YOY in Q2 FY26, surpassing $8B annual sales.
• ↑China sales surged over 30% in Q1 FY26, boosting Asia segment.
• ↓Book-to-price score is negative, and earnings revisions are declining.