TAPESTRY INC (TPR) Stock Technical Analysis
NYSE:TPR - New York Stock Exchange, Inc. - US8760301072 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TPR. Both in the recent history as in the last year, TPR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TPR is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by TPR over the past year are nicely spread over this period.
TPR is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. TPR outperforms 97% of them.
A new 52 week high is currently being made by TPR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TPR has a been trading in the 100.09 - 114.05 range, which is quite wide. It is currently trading near the high of this range.
TPR has an average volume of 3818530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TPR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
60.78
114.67
We found 4 important support areas.
- A support zone ranging from 106.31 to 106.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 95.23 to 96.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.79 from a trend line in the daily time frame.
- Support @61.39 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TPR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPR is up. |
| ChartMill Relative Strength | 96.95 | POSITIVE | TPR has a high relative strength, it outperformed 96.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.86 | NEUTRAL | The RSI value for TPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests TPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.06 | NEUTRAL | The Stochastics value for TPR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for TPR suggests some volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for TPR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 114.06 | 103.75 | 10.31 (9.04%) | 11.06% |
| An entry @114.06. This is a Buy Stop order right above the 10 day high. | An exit @103.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.31 points, which is 9.04%. | When investing 11.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
113.53
+2.67 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.41%
1 Week1.23%
2 Weeks4.93%
1 Month12.77%
3 Month37.08%
6 Month29.45%
12 Month181.02%
2 Year240.73%
3 Year226.89%
5 Year670.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.28
ATR(20)%2.78%
ATR Inc11.89%
Range Today2.55
ADR(20)2.8
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.95
Mansfield4.75
10 Day High114.05
10 Day Low103.76
20 Day High114.05
20 Day Low100.1
52 Week High114.05
52 Week Low39.4
CS1 End106.31
CR1 StartN/A
Volume & EV
DER(3)0.86%
DER(5)1.15%
Volume6.59M
Volume Incr21.51%
Vol(5)4.80M
Vol(50)3.82M