Tiffany stock: buy or sell
Jan 18th, 2021
Tiffany stock brief
- Tiffany stock just moved 0.02% to close at $131.46 on the stock market on January 6.
- Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry and other items. The company offers jewelry collections, engagement rings, and wedding bands.
Should I buy Tiffany stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $TIF stock a buy?
In the current situation of Tiffany there is just one buy setup eligible:
ATH buy setup
All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at ATHs is that price doesn't have upper resistances, and usually it rises quickly. However, you must always be aware of a possible bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is always important. Price is now at 2.15% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $134.28. The stop loss would be ordered at $120.85
|Buy setup||Buy point||Stop loss||Risk|
|ATH buy setup||$134.28||$120.85||10.00%|
Should I sell Tiffany stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies help us to avoid rash decisions based on our feelings or the noise surrounding the market. When selling, as well as buying, our setups are very simple to follow and are only valid for selling shares in your porfolio, not for selling short $TIF stock
A golden rule is that you should not hold an operation that generates losses greater than those expected at the time of the buy. The timing to sell shares always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell Tiffany stock?
In the current situation of Tiffany there is not any eligible sell setup, so Tiffany stock holders with operations in profit can keep their positions
We don't have any rating published in the last month for Tiffany
Tiffany stock analysis
Supports and resistances
The current resistances are:
The current support levels are:
The evolution of the Bollinger Bands on the chart shows that they are quite narrow (0.33%), which clearly means that price volatility is low. The tightness of the Bollinger bands is usually a sign of a sudden price movement (up or down), so we must be watchful and manage our buy or sell orders properly
Relative strength index
Crossed up the overbought line January 6, with a value of 74.64. Breaking through above the overbought zone is not a sell signal, as shares can rise during several weeks being in the overvalued zone
Tiffany stock price history
Tiffany started trading priced at an adjusted price1 of $0.00 on May 1987. Since then, TIF stock has risen by -, with an average of 0.00% per year. An investment of $1,000USD at that time would worth $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Tiffany stock
Nobody can predict how much a stock will be priced tomorrow. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
The following table shows the price predictions released by brokerage institutions in the last 30 days. Again, these predictions are not direct recommendations for individual traders and should not be trusted blindly.
We don't have any target price published in the last 30 days for Tiffany.
Earnings and financials
Shareholders event was hosted by Tiffany ($TIF) last November after releasing the financial report. Tiffany posted earnings of $1.11 per share on sales of $1.0 billion. The market estimate was $0.66 per share on revenue of $980.7 million.Compared to the same quarter last year, EPS was $0.65, so posted EPS is a increase of 70.77%. Looking at revenue, figures barely changed compared to $10.1B same quarter last year.
Tiffany ($TIF) is hosting the quarterly earnings call next March. Estimated for this quarter is $1.91, compared to $1.11 that was reported for Q3.
Important note:The viewpoints contained in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not have an understanding of the individual conditions of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for educative purposes only
|Wednesday, January 6th, 2021|
|Day range||$131.44 - $131.48|
|Average true range||$0.12|
|50d mov avg||$130.75|
|100d mov avg||$124.79|
|200d mov avg||$124.02|
|Earnings date||March 19th, 2021|