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

Published on Wed, 04/15/2015 - 11:35
By Robert Cotter in Moving average crossovers, PVH, moving crosses, nyse:pvh, phillips-van heusen

Phillips-Van Heusen (NYSE:PVH) crossed under its 10-day moving average of $109.55 on a volume of 426K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Phillips-Van Heusen Corporation designs, sources, manufactures, and markets men's, women's, and children's apparel and footwear. The Company markets its products at a wholesale level through department store chains and directly to consumers through retail stores.

In the past 52 weeks, shares of Phillips-Van Heusen have traded between a low of $93.80 and a high of $133.89 and are now at $109.45, which is 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Phillips-Van Heusen has overhead space with shares priced $109.45, or 10.6% below the average consensus analyst price target of $122.47. Phillips-Van Heusen shares should encounter resistance at the 200-day moving average (MA) of $115.04 and support at the 50-day MA of $105.78.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

W&T Offshore Looks to Continue to Trade ...

Shares of W&T Offshore (NYSE:WTI) traded today at $3.70, breaking its 52-week low. Thi ...

VCA Antech Looks to Continue to Trade Ab...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $60.45. Approximately 1 ...

Verisk Analytics: 52-Week High Recently ...

Verisk Analytics (NASDAQ:VRSK) traded at a new 52-week high today of $79.05. So far to ...

Recent 52-Week High Exceeded in Shares o...

Shares of Ultimate Software (NASDAQ:ULTI) traded at a new 52-week high today of $184.91 ...

Shares of Unisys Have Fallen Below Previ...

Unisys (NYSE:UIS) traded today at a new 52-week low of $15.82. So far today approximat ...

UBS: The Winning Streak Continues (UBS)...

UBS (NYSE:UBS) traded today at a new 52-week high of $22.89. This new high was reached ...

Recent 52-Week High Exceeded in Shares o...

Shares of Under Armour (NYSE:UA) traded today at $98.91, breaking its 52-week high. So ...

Total System Services: 52-Week High Rece...

Total System Services (NYSE:TSS) traded at a new 52-week high today of $47.77. Approxi ...