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Harley-Davidson Crosses Below its 10-day MA (HOG)

By Shiri Gupta

Today, shares of Harley-Davidson (NYSE:HOG) have crossed bearishly below their 10-day moving average of $41.51 on a volume of 334K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Harley-Davidson have traded between the current low of $40.38 and a high of $63.40 and are now at $40.40. 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 14.9%. 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