TPR Stage 3 Topping: Price Churns Below 50-Day, Base Too Short

Posted on by Eben@CANSLIM Research
TPR daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Tapestry (TPR) is in a Stage 3 topping pattern, with the stock churning around its 30-week moving average after a 22.1% pullback from the 164.78 high. The market is focused on the failed trend-template checks, as price sits below both the 50-day and 200-day moving averages, while the RS line is not at a three-month high. Overall sentiment is neutral, suggesting a wait-and-see approach until a proper base forms.

Technical Analysis

As of 2026-08-13 · Close $128.39

Stage Analysis

Stage 3 (Topping) — Price churning around the 30-week MA — topping consolidation (30-week MA 6-week slope: 1.89%)

Detected Patterns — What the Market Is Watching

  • No actionable pattern detected at this time.

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