Phillips-Van Heusen Bullish Moving Average Crossover Alert (PVH)
Phillips-Van Heusen (NYSE:PVH) shares have crossed bullishly above their 10-day moving average of $107.68 on a volume of 193K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Phillips-Van Heusen has traded in a range of $64.16 to $120.67 and is now at $108.53, 69% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.6%.
SmarTrend recommended that subscribers consider buying shares of Phillips-Van Heusen on July 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $95.02. Since that recommendation, shares of Phillips-Van Heusen have risen 12.3%. We continue to monitor PVH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses Phillips-Van Heusen