Tiffany stock: buy or sell
Jan 21st, 2021
Tiffany stock brief
- Tiffany stock barely 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?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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?
Currently, Tiffany stock matches one trading strategy:
ATH buy setup
One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at ATHs is that shares price doesn't have upper resistances, and usually it rises quickly. However, there's the risk of a 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?
"To sell or not to sell", if you are holding Tiffany stock?. Similarly to when we have to buy shares, deciding when is appropiate to sell is not a capricious decision, and we must adhere our own trading style. When selling, as well as buying, detailed strategies are very simple to use but are only applicable for selling shares in your porfolio, not for selling short Tiffany stock
As a golden rule, you should not keep a trade that generates losses greater than those expected by the time of the buy. When to sell shares must always be determined 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 green can keep their positions
In the last month we couldn't find any rating for Tiffany
Tiffany stock analysis
Supports and resistances
The current resistances are:
The current supports are:
The distance between the upper and lower bands is less than 5%, and this means that volatility is at very low levels. The compression of the Bollinger bands is typically a signal of a sudden price movement (up or down), so we must be watchful and manage our buy or sell orders properly
Relative strength index
Climbed above the overbought line January 6, with a reading of 74.64. Contrary to what many investors may think, the fact that the value is in the overbought zone does not imply a sell point, as stock price can rally during several weeks being in the overbought zone
Tiffany stock price history
Tiffany started trading priced at an adjusted price1 of $0.00 on May 1987. Since then, TIF stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Tiffany stock on May 1987, it would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Tiffany stock
Nobody can predict how much a stock will be priced tomorrow. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.
The following table shows the price forecasts published by brokerage institutions over the last 30 days. If you are a small investor you shouldn't invest based on these forecasts.
We don't have any target price posted in the previous 4 weeks for Tiffany.
Earnings and financials
Last November, Tiffany ($TIF) hosted the financial event and released the report. Tiffany surpassed analysts estimates and reported of $1.11, that is a 68.18% increase versus the estimates of $0.66. Even so, reported revenues of $1.0 billion were in line with market estimates.Compared to the same quarter last year, EPS was $0.65, so reported EPS is a gain of 70.77%. Turnover just changed on an annualized basis in the , from $10.1B to $10.1B last quarter.
Tiffany ($TIF) is releasing financial report next March. Market analysts analysts expect of $1.91, that is a 72.07% higher than previous quarter.
Important:The comments given in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not have an understanding of the specific positions of the reader, his or her own 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 Comments are provided for general educational 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|