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Harley-Davidson Falls 1.22% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Harley-Davidson (NYSE:HOG) traded in a range yesterday that spanned from a low of $31.46 to a high of $31.74. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $31.83 on volume of 660,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Harley-Davidson. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Harley-Davidson in search of a potential trend change.

Harley-Davidson share prices have moved between a 52-week high of $46.22 and a 52-week low of $31.36 and are now trading 1% above that low price at $31.59 per share. The 200-day and 50-day moving averages have moved 0.19% lower and 0.1% lower over the past week, respectively.

Keywords: rebounders Harley-Davidson

Ticker(s): HOG