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Pvh Corp Crosses Above its 10-day MA (PVH)

By Shiri Gupta

Today, shares of Pvh Corp (NYSE:PVH) have crossed bullishly above their 10-day moving average of $122.02 on a volume of 137K 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.

In the past 52 weeks, shares of Pvh Corp have traded between a low of $83.80 and a high of $126.11 and are now at $123.70, which is 48% above that low price. Over the past week, 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 Pvh Corp 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 Pvh Corp have risen 31.9%. We continue to monitor PVH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses pvh corp

Ticker(s): PVH