TAPESTRY INC (TPR)
US8760301072 - Common Stock
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!
Looking at the yearly performance, TPR did better than 94% of all other stocks.
TPR is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 89% of 50 stocks in the same industry.
TPR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TPR is leading the market.
TPR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TPR has an average volume of 4949290 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 a resistance zone just above the current price starting at 64.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
40.95
65.23
We found 5 important support areas.
- A support zone ranging from 61.38 to 62.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.04 from a trend line in the daily time frame.
- Support @47.49 from a trend line in the daily time frame.
- A support zone ranging from 42.57 to 43.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.36 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.58 to 64.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.97
Mansfield3.08
10 Day High65.27
10 Day Low61.09
20 Day High65.3
20 Day Low57.84
52 Week High65.3
52 Week Low35.23
Performance
1 Week1.5%
2 Weeks3.05%
1 Month13.72%
3 Month50.69%
6 Month54.06%
12 Month73.14%
2 Year68.46%
3 Year58%
5 Year137.86%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.42
RSI(14)65.26
LBB60.99
UBB64.94
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 |
|---|---|---|---|
| 64.59 | 61.37 | 3.22 (4.99%) | 20.06% |
| An entry @64.59. This is a Buy Stop order right above the resistance zone. | An exit @61.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.22 points, which is 4.99%. | For a 1.00% total portfolio risk, you can invest 20.06% of your capital in this trade. |
- 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.
TAPESTRY INC
NYSE:TPR (12/23/2024, 10:04:07 AM)
64.47
+0.32 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.5%
1 Week1.5%
2 Weeks3.05%
1 Month13.72%
3 Month50.69%
6 Month54.06%
12 Month73.14%
2 Year68.46%
3 Year58%
5 Year137.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%2.84%
ATR Inc51.69%
Range Today1.04
ADR(20)1.65
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.97
Mansfield3.08
10 Day High65.27
10 Day Low61.09
20 Day High65.3
20 Day Low57.84
52 Week High65.3
52 Week Low35.23
CS1 End62.76
CR1 Start64.16
Volume & EV
DER(3)-1.88%
DER(5)0.18%
Volume286.39K
Volume Incr25.37%
Vol(5)6.75M
Vol(50)4.95M