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

By Amy Schwartz

Pvh Corp (NYSE:PVH) crossed under its 10-day moving average of $90.57 on a volume of 601K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Pvh Corp have traded between a low of $82.51 and a high of $159.84 and are now at $89.35, which is 8% above that low price. The 200-day and 50-day moving averages have moved 0.68% lower and 2.23% lower over the past week, respectively.

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 22.9%. 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