HOG Stock: Harley-Davidson, Inc Dips Under Moving Averages

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Harley-Davidson, Inc. (NYSE:HOG) stock has been on a recent steady downtrend, causing some concern for shareholders.

In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below. 

It is important to consider the moving averages of a downtrending security.  We see here that Harley-Davidson, Inc. (NYSE:HOG) is -0.59% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -0.94% from current levels.  Further back, their 200-Day Simple Moving Average is -10.57% difference from today’s price.  Currently, the stock is -6.17% from its 50-Day High and 5.97% from the 50-day low.

RSI and Recommendations

Harley-Davidson, Inc.’s RSI is 49.98.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.48% and month of 2.52%.  Wall Street analysts have a consensus 2.70 recommendation on the stock.

Historical Growth

Harley-Davidson, Inc. (NYSE:HOG)’s performance this year to date is -19.56%.  The stock has performed 4.80% over the last seven days, 0.77% over the last thirty, and -1.30% over the last three months.  Over the last six months, Harley-Davidson, Inc.’s stock has been -11.44% and -20.48% for the year.

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