Harley Davidson Technical Analysis (NYSE:HOG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The HOG stock chart pattern can give those who understand technical analysis an indication of which way HOG stock is headed, but cannot predict with 100% certainty as to what can happen to the Harley Davidson stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Harley Davidson. Technical analysis uses an approach for Harley Davidson stock analysis that does not care for the fair value of a company but uses price and volume data only.
Harley Davidson Moving Average
Moving averages show the HOG stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Harley Davidson are mostly signals of long term trends and will help long term traders.
Harley Davidson Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the HOG stock. Harley Davidson bollinger bands show that the stock price is $44.21, upper band is 46.45, lower band is 40.07, and the average is 43.26.
Harley Davidson Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Harley Davidson MACD indicator can be used to identify bullish and bearish trends for the stock.
Harley Davidson Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of HOG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.