• Return to Headlines

Bullish Moving Average Cross by Harley-Davidson (HOG)

By Amy Schwartz

Harley-Davidson (NYSE:HOG) crossed over its 10-day moving average of $42.43 on a volume of 354K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Harley-Davidson share prices have moved between a 52-week high of $63.40 and a 52-week low of $41.33 and are now trading 3% above that low price at $42.58 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Harley-Davidson on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $48.31. Since that call, shares of Harley-Davidson have fallen 13.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Harley-Davidson

Ticker(s): HOG