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Tiffany & Co Bearish Moving Average Crossover Alert (TIF)

By Shiri Gupta

Today, shares of Tiffany & Co (NYSE:TIF) have fallen below their 10-day MA of $91.86 on a volume of 179K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $56.99 and a high of $97.29 and are now at $91.10, 60% above that low price. Over the last five market days, 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