NYSE:TPR • US8760301072
We assign a technical rating of 9 out of 10 to TPR. In the last year, TPR was one of the better performers, but we do observe some doubts in the very recent evolution.
TPR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
98.66
We found 6 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for TPR is neutral. |
| ChartMill Relative Strength | 94.1 | POSITIVE | TPR has a high relative strength, it outperformed 94.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPR is below 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) | 50.34 | NEUTRAL | The RSI value for TPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.04 | NEGATIVE | The MACD value suggests TPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.28 | NEUTRAL | The Stochastics value for TPR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for TPR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for TPR suggests a strong trend. |
148.27
+2.77 (+1.9%)
ChartMill assigns a technical rating of 9 / 10 to TPR.
The current trend direction for TAPESTRY INC (TPR) is Bullish.
TAPESTRY INC (TPR) has an RSI value of 50.3372. This indicates that the stock is currently neutral.
The short term momentum for TAPESTRY INC (TPR) is neutral.