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Look for Shares of Tiffany & Co to Potentially Pullback after Yesterday's 1.25% Rise

By James Quinn

Tiffany & Co (NYSE:TIF) traded in a range yesterday that spanned from a low of $128.45 to a high of $129.85. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $129.40 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

In the past 52 weeks, shares of Tiffany & Co have traded between a low of $78.60 and a high of $134.42 and are now at $130.02, which is 65% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.3%.

Keywords: rebounders tiffany & co

Ticker(s): TIF