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Bullish Moving Average Cross by Tiffany & Co (TIF)

By Amy Schwartz

Tiffany & Co (NYSE:TIF) crossed over its 10-day moving average of $136.99 on a volume of 156K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $86.15 and a high of $141.64 and are now at $137.24, 59% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 2.7%.

SmarTrend recommended that subscribers consider buying shares of Tiffany & Co on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $101.00. Since that recommendation, shares of Tiffany & Co have risen 35.3%. We continue to monitor TIF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses tiffany & co

Ticker(s): TIF