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Phillips-Van Heusen Crosses Below its 10-day MA (PVH)

By James Quinn

Today, shares of Phillips-Van Heusen (NYSE:PVH) have fallen below their 10-day MA of $101.65 on a volume of 211K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Phillips-Van Heusen have traded between a low of $64.16 and a high of $120.67 and are now at $100.67, which is 57% above that low price. 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 12.1%. 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