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Archive
- 5/29/2026 -
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Tapestry, (TPR) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was a second positive week after 4 consecutive negative weeks for the Tapestry, (TPR). During the week, the TPR gained 6.97 points, or 5.03%, and closed at 145.46 on Friday, May 29, 2026. Weekly volume was -28% 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 13.03% 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 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 125.10 and resistance is at 155.73. 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.
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 uptrend had started on May 12, 2026 at 128.34 and reached 146.59 on May 29, 2026. TPR gained -18.25 points, or -14.22%, in 17 days. The price is now at the 6.19% retracement level.
 Daily Technical Indicators: [See TPR daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 above its signal line since May 20, 2026. This is an indication that the short-term trend is up.
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.
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