|
|
Archive - 4/10/2026 - Sign In to see current Signals. |
Tapestry, (TPR) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a second positive week after 5 consecutive negative weeks for the Tapestry, (TPR). During the week, the TPR gained 9.10 points, or 6.44%, and closed at 150.30 on Friday, April 10, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was -53% 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 price is now at the 9.21% retracement level.
Medium-term trend: [See TPR medium-term trend chart] A medium-term downtrend had started on February 26, 2026 at 161.97 and reached 136.44 on March 30, 2026. TPR lost 25.53 points, or 15.76%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (135.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. TPR may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See TPR weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help. 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 low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See TPR short-term trend chart] A short-term uptrend had started on March 30, 2026 at 136.44 and reached 154.48 on April 9, 2026. TPR gained -18.04 points, or -13.22%, in 10 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See TPR daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.
| |
|
|