Tapestry Hits New All-Time High, Sets 100% Buy Signal

Tapestry (TPR) shares reached a new all-time high on July 14, trading at $100.27. The stock has a 100% technical "Buy" signal, a Weighted Alpha of +147.23, and has gained 126.38% over the past year. TPR is trading above its 20, 50, and 100-day moving averages, with a Relative Strength Index of 79.60%.

Tapestry (TPR) shares reached a new all-time high on July 14, trading at $100.27. The stock has a 100% technical "Buy" signal, a Weighted Alpha of +147.23, and has gained 126.38% over the past year. TPR is trading above its 20, 50, and 100-day moving averages, with a Relative Strength Index (RSI) of 79.60%.

The stock's impressive performance can be attributed to its strong technical indicators. According to Barchart, TPR has a 100% "Buy" signal, indicating exceptional technical momentum. The stock has consistently traded above its key moving averages, which suggests a strong upward trend. Additionally, the RSI of 79.60% indicates that the stock is currently in an overbought condition, which could signal a potential pullback in the near future.

While the technical indicators are highly favorable, some advisory services have warned that TPR could be overvalued. It is essential for investors to consider both the technical and fundamental aspects of the stock before making investment decisions.

In summary, Tapestry (TPR) shares have reached a new all-time high, driven by strong technical momentum. However, investors should remain cautious about potential overvaluation and consider both technical and fundamental factors before making investment decisions.

References:
[1] https://blockchain.news/news/20250712-ripple-xrp-surges-amid-bny-mellon-partnership-regulatory-gains-july-2025-market-analysis
[2] https://www.barchart.com/story/news/33386856/this-strong-buy-stock-just-hit-new-all-time-highs