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Tiffany & Co Bullish Moving Average Crossover Alert (TIF)

By Shiri Gupta

Tiffany & Co (NYSE:TIF) shares have crossed bullishly above their 10-day moving average of $96.49 on a volume of 245K 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.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $56.98 and a high of $111.44 and are now at $97.28, 71% 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 recommended that its subscribers protect gains by selling shares of Tiffany & Co on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $103.29. Since that call, shares of Tiffany & Co have fallen 7.0%. 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