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

By Shiri Gupta

Tiffany & Co (NYSE:TIF) crossed under its 10-day moving average of $79.49 on a volume of 675K shares. Swing traders may find 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 $74.28 and are now trading 7% above that low price at $79.30 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.4%.

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