Markets

PVH Shows Market Leadership With Jump To 82 RS Rating

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The Relative Strength ( RS ) Rating for PVH ( PVH ) jumped into a new percentile Monday, with a rise from 79 to 82.

[ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against that of all other stocks.

Decades of market research reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.

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PVH is trying to complete a flat base with a 130.85 entry . See if the stock can clear the breakout price in heavy trade.

Regarding fundamentals, the company has posted rising EPS growth over the last two quarters. Top line growth has also increased during the same period.

The company earns the No. 3 rank among its peers in the Apparel-Clothing Manufacturing industry group. Gildan Activewear ( GIL ) is the top-ranked stock within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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