Tapestry Inc

TPR remains in a Stage 4 decline exhibiting sequential lower highs and lower lows under downward‐sloping EMAs. Distribution volume and weakening relative strength confirm supply dominance, and recent rallies continue to fail at the 9 and 21 EMAs. With a bearish medium‐term bias and short‐term timing unfavorable for buyers, sell‐on‐strength execution around the EMA resistance band is recommended now.

• ↑Acquired 2.4M new customers globally, fueled by strong Gen Z engagement.
• ↑Q3 FY26 revenue reached $2.48B (+23% YoY); EPS rose to $1.66 (+62% YoY).
• ↓P/E of 45x far above historical average signals potential overvaluation.