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Tiffany & Co Crosses Below its 10-day MA (TIF)

By Amy Schwartz

Today, shares of Tiffany & Co (NYSE:TIF) have fallen below their 10-day MA of $94.58 on a volume of 858K shares. This may provide short-term investors a chance 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 $56.98 to $97.29 and is now at $93.02, 63% 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 monitoring the recent change of momentum in Tiffany & Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tiffany & Co in search of a potential trend change.

Keywords: moving crosses tiffany & co

Ticker(s): TIF