• Return to Headlines

Tiffany & Co Rises 1.17% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Tiffany & Co (NYSE:TIF) traded in a range yesterday that spanned from a low of $91.57 to a high of $93.22. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $92.50 on volume of 564,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $56.99 and a high of $97.29 and are now at $92.85, 63% 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 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: rebounders tiffany & co

Ticker(s): TIF