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

By David Diaz

Today, shares of Harley-Davidson (NYSE:HOG) have fallen below their 10-day MA of $48.75 on a volume of 146K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 $41.63 and are now trading 17% above that low price at $48.53 per share. 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 7.5%. 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