Tiffany & Co Crosses Below its 10-day MA (TIF)
Tiffany & Co (NYSE:TIF) shares have crossed bearishly below their 10-day moving average of $89.31 on a volume of 226K 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.
Tiffany & Co share prices have moved between a 52-week high of $110.60 and a 52-week low of $84.12 and are now trading 6% above that low price at $89.21 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.
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