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Archive - 3/21/2025 - Sign In to see current Signals. |
Tapestry, (TPR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Tapestry, (TPR). During the week, the TPR gained 2.66 points, or 3.78%, and closed at 73.12 on Friday, March 21, 2025. Weekly volume was 135% above average. TPR is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TPR long-term trend chart] A long-term uptrend had started on August 5, 2024 at 35.23 and reached 90.85 on February 18, 2025. TPR gained -55.62 points, or -157.88%, in 28 weeks. The price is now at the 31.88% retracement level.
Medium-term trend: [See TPR medium-term trend chart] A medium-term downtrend had started on February 18, 2025 at 90.85 and reached 68.08 on March 13, 2025. TPR lost 22.77 points, or 25.06%, in 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 61.28 and resistance is at 77.86. A Broadening Descending 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 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. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 13, 2025 at 68.08 and reached 74.36 on March 19, 2025. TPR gained -6.28 points, or -9.22%, in 6 days. The price is now at the 19.75% retracement level.
Daily Technical Indicators: [See TPR daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since February 24, 2025. The distance between MACD and the signal line is low and getting smaller. The distance between the Bollinger Bands is 111.36% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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