Can Ralph Lauren stock rebound after falling 5% last week?

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The action of Ralph Lauren (NYSE: RL), a company specializing in the design, marketing and distribution of high-end lifestyle products, including clothing, accessories, fragrances and home furnishings, has fallen 5% in the last five trading days (one week) and currently sits at around $ 109. It should be noted that the broad S & P500 registered a marginal decline during the same time period. Now, is the RL stock about to fall further? We believe the company remains fundamentally undervalued and that there may be room for gains on the stock going forward. Specifically, there is a 54% chance of an increase in RL stock over the next month (twenty-one trading days) based on our machine learning analysis of stock price trends. over the past ten years. See our analysis on Chances of increasing RL shares for more details.

Calculation of “probability of event” and “chance of increase” using data from the last 10 years

[1] -4.9% or more yield for five day period in 267 times out of 2517; Stocks increased over the next 5 days in 137 of these 267 cases

[2] -5.3% or more yield for ten day period in 438 times out of 2517; Stocks rose over the next 10 days in 230 of those 438 cases

[3] -3.9% or more yield for twenty-one day period in 695 times out of 2516; Inventories increased over the next 21 days in 373 of these 695 cases

E-commerce is eating away at retail sales, but it could be an investment opportunity. Check out our ecommerce stocks theme for a diverse list of companies that are expected to benefit from the big change.

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