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Bullish Moving Average Cross by Tiffany & Co (TIF)

By David Diaz

Today, shares of Tiffany & Co (NYSE:TIF) have advanced above their 10-day MA of $110.66 on a volume of 299K shares. This may provide swing traders with 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 $141.64 and a 52-week low of $90.46 and are now trading 22% above that low price at $110.81 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tiffany & Co on August 30th, 2018 by issuing a Downtrend alert when the shares were trading at $124.57. Since that call, shares of Tiffany & Co have fallen 13.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tiffany & co

Ticker(s): TIF