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Bullish Moving Average Cross by Tiffany & Co (TIF)

By Amy Schwartz

Today, shares of Tiffany & Co (NYSE:TIF) have advanced above their 10-day MA of $92.21 on a volume of 131K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Tiffany & Co share prices have moved between a 52-week high of $97.29 and a 52-week low of $56.99 and are now trading 62% above that low price at $92.39 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.6%.

SmarTrend is tracking the current trend status for Tiffany & Co and will alert subscribers who have TIF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tiffany & co

Ticker(s): TIF