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After Yesterday's Decline of 1.83%, Tiffany & Co Offers Investors Better Value

By Amy Schwartz

Tiffany & Co (NYSE:TIF) traded in a range yesterday that spanned from a low of $131.75 to a high of $135.40. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $135.51 on volume of 603,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Tiffany & Co on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $101.00. Since that recommendation, shares of Tiffany & Co have risen 35.7%. We continue to monitor TIF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Tiffany & Co has traded in a range of $86.15 to $141.64 and is now at $134.44, 56% above that low. The 200-day and 50-day moving averages have moved 0.79% higher and 0.47% higher over the past week, respectively.

Keywords: rebounders tiffany & co

Ticker(s): TIF