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Tiffany & Co Bearish Moving Average Crossover Alert (TIF)

By Nick Russo

Tiffany & Co (NYSE:TIF) shares have crossed bearishly below their 10-day moving average of $72.73 on a volume of 167K 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.

Over the past year, Tiffany & Co has traded in a range of $56.99 to $96.43 and is now at $72.00, 26% above that low. The 200-day and 50-day moving averages have moved 0.6% lower and 0.69% higher over the past week, respectively.

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