FOMO

Resistance

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>PVH stock price chart shows a 5.26% drop over the past seven days.</a> </li> 
 <li> <span>2</span> <a>PVH stock price broke below the key moving averages showcasing bearishness.</a> </li> 
</ul> 
<p>PVH stock price failed to sustain the high of $93 and reversed its direction, resuming the downtrend that indicates further weakness in the market. The market is trading below the dynamic support trendline, which could lead to more downside.</p> 
<p>PVH has been falling from its peak levels and forming lower-low structures. It has been in a bearish trend after breaking below the 50-day and 200-day moving averages. The bearish pressure could push PVH Corp to form a new lower low soon and extend the downtrend.</p> 
<p>The current situation requires traders and investors to be patient and wait for a clear signal of a break above or below the range before making any moves. They should also avoid FOMO and minimize losses.</p> 
<p>PVH stock price fell 5.30% last week; it declined by 5.26% through the month. Furthermore, PVH Corp shares experienced a drop of roughly 6.87% within the past three months. However, it was up by 43.52% over the past year.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-pvh-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of PVH Stock Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="455" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-1024x455.png" alt="PVH Stock Forecast: is it Time to Buy or Sell PVH Corp Stock?" class="wp-image-170709" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-1024x455.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-300x133.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-768x341.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-1536x683.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-750x333.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753-1140x507.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-753.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: PVH.1D.NYSE by <a href="https://www.tradingview.com/x/CattzRz1/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>At the moment, PVH stock is trading below the 50 and 200-day SMAs (simple moving averages), which are not supporting the price trend. If bulls want to make a comeback, they will have to rise and sustain above the 50-day EMA.</p> 
<p>The current value of RSI is 32.56 points. The 14 SMA is above the median line at 39.51 points which indicates that the PVH <a href="https://www.thecoinrepublic.com/?p=170445" target="_blank" rel="noreferrer noopener">stock price</a> is bearish. The MACD line at -1.69 and the signal line at -1.69 are below the zero line. The bearish crossover suggests PVH Corp stock could be bearish in the coming sessions.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>PVH stock price prediction suggests a bearish outlook. The sellers are dominating on the higher levels. PVH stock technical oscillators also support the bearish trend. The MACD, RSI, and EMAs are emphasizing negative signs and imply that the downtrend may continue in the PVH Corp stock price. Price action suggests that the investors and traders are bearish on the 1-D time frame. Technical analysis suggests that the PVH stock is in a bearish grip and the probability of testing the previous highs in the coming months is low.</p> 
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5> 
<ul> 
 <li><strong>Support Levels</strong>: $73.00 and $70.00.</li> 
 <li><strong>Resistance Levels: </strong>$80.00 and $82.00.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions</p>

PVH Stock Forecast: is it Time to Buy or Sell PVH Corp Stock?

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2023년 9월 23일에 게재된 다른 기사

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