Luxury retailers Tiffany (TIF) - Get Report and Movado (MOV) - Get Report report quarterly earnings before the opening bell on Tuesday, and both stocks are in bear territory, showing significant losses for the year to date.

Tiffany had been golden -- as in, above the positive indicator known as a "golden cross" -- since Jan. 30, 2013. Its 50-day simple moving average rose above the 200-day simple moving average, indicating higher prices were ahead. This signal tracked the stock to its all-time high set a year ago. However, the stock started trading lower entering 2015, and a huge price gap lower on Jan. 12 began what proved to be a tough year for the stock.

Movado had been above a "golden cross" since Dec. 6, 2011, which tracked the stock higher. The all-time high was set on in early-November 2013. After a sideways to down year in 2014, the stock began 2015 significantly lower after a huge price gap lower on Nov. 14, 2014. This set the stage for a tough 2015 for the stock.

Both stocks have negative weekly chart profiles which is not a good thing ahead of earnings.

Analysts expect Tiffany to earn 74 cents although some say the earnings could be 75 cents, with slightly higher revenue a year ago. Either way there are continued concerns above the strong dollar.

Analysts expect Movado to earn 92 cents a share. The retailer is betting on the "smartwatch" business, but will this translate into better-than-expected earnings?

Here's the daily chart for Tiffany.


Courtesy of MetaStock Xenith

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Tiffany closed at $75.14 on Friday, down 2.7% so far in the fourth quarter and down 29.7% year to date. It is in bear market territory 32.1% below its all-time high of $110.60 set on Nov. 25, 2014.

The stock began 2015 trading lower and on Jan. 12 suffered a price gap lower at the open, which has yet to be filled. The stock moved from golden to the negative "death cross" indicator Feb. 12 when the 50-day simple moving average fell below its 200-day simple moving average. The closing price on Jan. 12 was $88.10.

It has been a roller coaster since then. Earnings on May 27 caused a price gap higher at the open that day and the stock traded back and forth around its 200-day simple moving average between that day and Aug. 11, the average sliding from $94.25 and $93.18. The stock then plunged again, trading as low as $73.09 on Nov. 13 well below its 50-day and 200-day simple moving averages of $79.04 and $86.57.

Here's the weekly chart for Tiffany.


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Tiffany ended last week negative, with the stock below its key weekly moving average of $79.01 and its 200-week simple moving average lags at $80.05. The weekly momentum reading declined to 25.77 last week down from 26.80 on Nov. 13.

Momentum scales from 00.00 to 100.00 with a reading below 20.00 oversold and a reading above 80.00 overbought. A rising reading above 20.0 is positive while a declining reading below 80.00 is negative. This study is shown in red along the bottom of the chart.

The horizontal lines are the Fibonacci retracements of the rally from the November 2008 low to the 2014 high. The stock ended last week just above the 38.2% retracement of $74.77. Above is the 23.6% retracement of $88.45 and below is the 50% retracement of $63.72.

Investors looking to buy Tiffany should place a good till canceled limit order to buy the stock if its drops to the 50% retracement of $63.72.

Investors looking to reduce holdings should place a good till canceled limit order to sell the stock if it rises to $85.35, which is a key level on technical charts until the end of November.

Here's the daily chart for Movado.


Courtesy of MetaStock Xenith

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Movado closed at $23.61 on Friday, down 8.6% so far in the fourth quarter and down 16.8% year to date. The stock is in bear market territory 51.3% below its all-time high of $48.50 set on Nov. 5, 2013.

The stock suffered a "death cross" on March 6, 2014, with the 50-day simple moving average declining below the 200-day simple moving average when the stock was at $41.61. It has been setting lower highs since then and began 2015 still below this "death cross". Note that strength all year has been failed tests of the 200-day simple moving average.

Between Aug. 27 and Nov. 6 the highs were back and forth around the 200-day. The year's low of $21.18 was set on Aug. 25, and the stock ended last week below the 50-day and 200-day simple moving averages of $25.98 and $26.61, respectively.

Here's the weekly chart.


Courtesy of MetaStock Xenith

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Movado ended last week negative, with the stock below its key weekly moving average of $24.98 and below its 200-week simple moving average lags at $32.69. The weekly momentum reading declined to 47.83 last week down from 54.98 on Nov. 13.

The horizontal lines are the Fibonacci retracements of the rally from the March 2009 low to the 2013 high. The stock ended last week above the 61.9% retracement of $21.38, which held at the lows on Aug. 25 and Nov. 13. The 50% retracement of $26.54 is the first resistance.

Investors looking to buy Movado should place a good till canceled limit order to buy the stock if its drops to $17.70, which is a key level on technical charts until the end of 2015.

Investors looking to reduce holdings should place a good till canceled limit order to sell the stock if it rises to $28.10, which is a key level on technical charts until the end of November.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.