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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TPR is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by TPR over the past year are nicely spread over this period.
TPR is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 95% of 48 stocks in the same industry.
TPR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TPR is lagging the market slightly.
In the last month TPR has a been trading in the 76.29 - 83.92 range, which is quite wide. It is currently trading near the high of this range.
TPR has an average volume of 4860910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TPR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 81.57, a Stop Loss order could be placed below this zone.
More info and screens
48.93
83.02
5 important support areas can be observed.
- A support zone ranging from 79.54 to 81.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 75.81 to 76.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.39 from a trend line in the daily time frame.
- Support @61.39 from a horizontal line in the daily time frame.
- Support @49.42 from a trend line in the weekly 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 | 95.13 | POSITIVE | TPR has a high relative strength, it outperformed 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TPR is above a declining 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) | 64.6 | NEUTRAL | The RSI value for TPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.13 | OVERBOUGHT | The high Stochastics value suggests TPR may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TPR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for TPR suggests a weak or negative 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 |
|---|---|---|---|
| 82.60 | 79.53 | 3.07 (3.72%) | 25.00% |
| An entry @82.60. This is a Buy Stop order right above the 10 day high. | An exit @79.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.07 points, which is 3.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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.
82.2
+0.45 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.55%
1 Week3.76%
2 Weeks4.79%
1 Month-1.27%
3 Month16.66%
6 Month30.06%
12 Month96.6%
2 Year92.06%
3 Year169.33%
5 Year518.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%2.36%
ATR Inc-0.18%
Range Today1.44
ADR(20)1.71
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.13
Mansfield3.01
10 Day High82.59
10 Day Low76.92
20 Day High83.92
20 Day Low76.29
52 Week High90.85
52 Week Low35.23
CS1 End81.57
CR1 StartN/A
Volume & EV
DER(3)1.07%
DER(5)0.3%
Volume2.91M
Volume Incr-27.89%
Vol(5)2.74M
Vol(50)4.86M