Technical analysis in RH stock forecast shows a consolidation pattern, and sustained trading above the 200-day moving average may confirm a long-term bullish setup. Recently, mortgage rates have drifted downward as investors bet on a rate cut from the Federal Reserve as inflation slows. The central bank will announce its next policy decision on Wednesday. Second quarter revenue jumped 41% to $249.6 million, beating the estimate of $248.8 million. For the third quarter, Figma expects revenue to be between $263 million and $265 million, above analyst estimates. Based on RH stock forecast models, current RSI levels at 45 suggest neutral momentum, with potential upside toward $260 if Q1 luxury sales exceed consensus expectations.