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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 $93.58 on a volume of 119K 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, shares of Tiffany & Co have traded between a low of $73.04 and a high of $141.64 and are now at $93.24, which is 28% above that low price. The 200-day and 50-day moving averages have moved 0.49% lower and 0.82% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Tiffany & Co on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $100.34. Since that call, shares of Tiffany & Co have fallen 6.5%. 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