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Bullish Moving Average Cross by Harley-Davidson (HOG)

By Shiri Gupta

Harley-Davidson (NYSE:HOG) crossed over its 10-day moving average of $47.27 on a volume of 227K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Harley-Davidson has traded in a range of $41.63 to $63.40 and is now at $47.40, 14% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Harley-Davidson on July 7th, 2017 by issuing a Downtrend alert when the shares were trading at $52.79. Since that call, shares of Harley-Davidson have fallen 11.0%. 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