1
PVH stock price chart shows a 5.26% drop over the past seven days.
2
PVH stock price broke below the key moving averages showcasing bearishness.
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.
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.
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.
PVH stock price fell 5.30% last week; it declined by 5.26% through the month. Furthermore, PVH Corp shares exp
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