Since the beginning of economic depression, it seems that Tiffany & Co goes against the rules, keeping a not too bad momentum while other industry and other companies are withering, which can not be neglected as a miracle. And Jan 04, 2010 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend identified an Uptrend for Tiffany & Co (NYSE:TIF) on July 17, 2009 at $27.61. In approximately 6 months, Tiffany & Co has returned 60% as of today's recent price of $44.17.
Currently above its 50-day moving average of $42.06, Tiffany & Co is above its 200-day moving average of $32.96. These moving averages have confirmed the company's upward momentum.
Climbing 1.51% to $43.65 in the pre-market session, TIF was upgraded today by Jefferies & Company to Buy from Hold and raised its price target from $45 to $52. Tiffany closed at $43 in the previous trading session. TIF has surged over 75% in the last six months.
These moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tiffany & Co shares will be scanned by SmarTrend.

TIFFANY & CO. Elsa Peretti Teardrop bracelet

TIFFANY & CO. Tiffany 1837 cuff

Wednesday, January 06, 2010