September 11, 2025 a 05:15 am
TPR: Fibonacci Analysis - Tapestry, Inc.
Tapestry, Inc. stock has experienced significant movements over the past months. The company, known for its luxury accessories and branded lifestyle products, has shown resilience in a competitive market. The analysis below utilizes Fibonacci retracement to assess potential support and resistance levels, which could guide future investment decisions.
Fibonacci Analysis
The period examined begins on 2024-10-04 and ends on 2025-09-10, showcasing an upward trend, identified by a low of $44.47 on 2024-10-24 and a high of $113.53 on 2025-08-13.
| Start Date | End Date | Low Price (Date) | High Price (Date) |
|---|---|---|---|
| 2024-10-04 | 2025-09-10 | $44.47 (2024-10-24) | $113.53 (2025-08-13) |
| Fibonacci Level | Price Level |
|---|---|
| 0.236 | $92.96 |
| 0.382 | $81.86 |
| 0.5 | $79.00 |
| 0.618 | $76.14 |
| 0.786 | $73.28 |
As of the latest price of $105.3 on 2025-09-10, the stock is not currently within any of the Fibonacci retracement zones. This indicates potential for continued upward movement before encountering significant resistance.
Technically, these levels suggest where the stock might experience support or resistance, aiding in identifying entry or exit points for trades.
Conclusion
Tapestry, Inc. shows a robust upward trend in stock performance, reflecting strong market presence and product diversification. The current analysis via Fibonacci retracement levels provides key insights into potential future resistance points. Risks include market volatility and competitive pressures, while opportunities lie in strategic expansions and brand strengthening. Overall, technical indicators suggest bullish tendencies, but investors should remain vigilant for any market shifts.