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Stock Charts AI Power Rank: 7.3
Power Rank trend -> Rising
07/26/2024 16:10:00 EST
RH (RH)
Industry: Specialty Retail
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, RH has been trading in a range between $294.26 and $237.89 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
RH is trading between resistance at $281.82 about 0% to the upside and support at $270.52 -4% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $348.26, about a 24% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
RH $RH entered a Green zone 2 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $344.53, a potential upside of 22.62% from the recent price of 280.97. The stock is trading 44.63% (potential upside) below its 52 week high of $406.38 and 35.56 % (potential downside) above its 52 week low of $207.26 - based on the recent price.
Company Summary
RH, together with its subsidiaries, operates as a retailer in the home furnishings market The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.
News
| SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of RH (“RH” or the “Company”) (NYSE: RH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. Source: GlobeNewsWire Fri, 26 Jul 2024 12:11:00 -0400 Sentiment: Neutral |
| SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH NEW YORK , July 24, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of RH ("RH" or the "Company") (NYSE: RH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. Source: PRNewsWire Wed, 24 Jul 2024 20:00:00 -0400 Sentiment: Neutral |
| RH: More Confidence That Growth Can Inflect Upwards This Year Growth inflection is expected in FY24 with positive macro indicators and RH's growth strategy. Margin volatility in the near term due to increased marketing and gallery costs. Target price of ~$373 based on a through-cycle multiple of 21x, potential for upside if growth exceeds expectations. Source: Seeking Alpha Tue, 16 Jul 2024 10:53:44 -0400 Sentiment: Positive |
| RH (RH) Surpasses Market Returns: Some Facts Worth Knowing In the most recent trading session, RH (RH) closed at $276.21, indicating a +0.58% shift from the previous trading day. Source: Zacks Investment Research Mon, 15 Jul 2024 19:20:22 -0400 Sentiment: Positive |
| RH Stock Down 28% in a Year: What's Next for Investors? Shares of RH (formerly known as Restoration Hardware), a prominent luxury furniture retailer, seem to be very volatile over the past year and are down 27.7% during the period. In contrast, Hoya Capital Housing ETF HOMZ has gained 3.7% in the same period, which has 20% exposure in the home improvement and furnishings segment. Source: Zacks Investment Research Fri, 12 Jul 2024 13:42:04 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 406.38 52 Week Low: 207.26 Beta: 2.416 50 Day MA: 258.3552 200 Day MA: 264.3631 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.862 Qtr Revenue Growth YOY: -0.017 Forward PE: 26.178 Trailing PE: 65.8207