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

By Amy Schwartz

Tiffany & Co (NYSE:TIF) shares have crossed bearishly below their 10-day moving average of $70.31 on a volume of 969K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $59.73 and a high of $96.43 and are now at $66.72, 12% above that low price. 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 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