• Return to Headlines

Pvh Corp Bearish Moving Average Crossover Alert (PVH)

By Amy Schwartz

Today, shares of Pvh Corp (NYSE:PVH) have crossed bearishly below their 10-day moving average of $71.57 on a volume of 225K 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, Pvh Corp share prices have been bracketed by a low of $67.41 and a high of $157.20 and are now at $71.19, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Pvh Corp on May 9th, 2019 by issuing a Downtrend alert when the shares were trading at $119.96. Since that call, shares of Pvh Corp have fallen 39.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses pvh corp

Ticker(s): PVH