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Uptrend ExhaustionArchive - 4/2/2026 - 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 after 5 consecutive negative weeks for the Tapestry, (TPR). During the week, the TPR gained 2.36 points, or 1.70%, and closed at 141.20 on Thursday, April 2, 2026. It was the best weekly gain since February 20, 2026. Weekly volume was -56% 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 16.39% 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 trend support level is at 136.22 and resistance is at 147.15. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling 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 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 downtrend had started on March 25, 2026 at 149.53 and reached 136.44 on March 30, 2026. TPR lost 13.09 points, or 8.75%, in 5 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See TPR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 27, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. The distance between the Bollinger Bands is falling, and it was 7.31% on Friday. It is 58.36% lower than one year average. It indicates the period of low 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. During the last week, the 20 Day Moving Average 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.
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