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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 $104.99 on a volume of 174K 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.

Over the past year, Phillips-Van Heusen has traded in a range of $64.16 to $120.67 and is now at $104.31, 63% above that low. The 200-day and 50-day moving averages have moved 0.42% lower and 1.64% higher over the past week, respectively.

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 14.1%. 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