|
|
Archive
- 6/5/2026 -
Sign In to see current Signals. |
Tapestry, (TPR) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Tapestry, (TPR). During the week, the TPR dropped -5.36 points, or -3.68%, and closed at 140.10 on Friday, June 5, 2026. Weekly volume was -10% below average.
 Long-term trend: [See TPR long-term trend chart]
A long-term uptrend had started on August 5, 2024 at 35.23 and reached 161.97 on February 26, 2026. TPR gained -126.74 points, or -359.75%, in 81 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 97.90 and resistance is at 181.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See TPR medium-term trend chart]
A medium-term downtrend had started on February 26, 2026 at 161.97 and reached 128.34 on May 12, 2026. TPR lost 33.63 points, or 20.76%, in 10 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 123.75 and resistance is at 155.25. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See TPR weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See TPR short-term trend chart]
A short-term downtrend had started on May 29, 2026 at 146.59 and reached 135.48 on June 3, 2026. TPR lost 11.11 points, or 7.58%, in 5 days. The price is now at the 41.58% retracement level.
Daily Technical Indicators: [See TPR daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since May 20, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|