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Bullish Moving Average Cross by Tiffany & Co (TIF)

By David Diaz

Today, shares of Tiffany & Co (NYSE:TIF) have crossed bullishly above their 10-day moving average of $72.93 on a volume of 182K 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.

In the past 52 weeks, shares of Tiffany & Co have traded between a low of $56.99 and a high of $96.43 and are now at $73.14, which is 28% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.7%.

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