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Phillips-Van Heusen Bullish Moving Average Crossover Alert (PVH)

By Nick Russo

Phillips-Van Heusen (NYSE:PVH) crossed over its 10-day moving average of $100.54 on a volume of 228K shares. This may provide short-term investors a chance 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 $101.71, 59% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has slid 0.4%.

SmarTrend recommended that subscribers consider buying shares of Phillips-Van Heusen on February 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $92.18. Since that recommendation, shares of Phillips-Van Heusen have risen 8.9%. 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

Ticker(s): PVH