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Tiffany & Co Bullish Moving Average Crossover Alert (TIF)

By Nick Russo

Tiffany & Co (NYSE:TIF) shares have crossed bullishly above their 10-day moving average of $89.29 on a volume of 282K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher 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 $89.54, 57% above that low. 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 recommended that subscribers consider buying shares of Tiffany & Co on January 13th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.26. Since that recommendation, shares of Tiffany & Co have risen 8.4%. We continue to monitor TIF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses tiffany & co

Ticker(s): TIF