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Advanced TA SearchArchive - 4/5/2024 - Sign In to see current Signals. |
HarleyDavidson (HOG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the HarleyDavidson (HOG). During the week, the HOG dropped -1.65 points, or -3.77%, and closed at 42.09 on Friday, April 5, 2024. It was the worst weekly loss since November 10, 2023. HOG was trading at average weekly trading volume. Long-term trend: [See HOG long-term trend chart] A long-term downtrend had started on May 18, 2021 at 52.06 and reached 25.43 on October 26, 2023. HOG lost 26.63 points, or 51.15%, in 127 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 24.02 and resistance is at 51.57. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend. Medium-term trend: [See HOG medium-term trend chart] A medium-term downtrend had started on February 2, 2023 at 51.77 and reached 25.43 on October 26, 2023. HOG lost 26.34 points, or 50.88%, in 38 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (19.64) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See HOG weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since December 1, 2023. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help. Short-term trend: [See HOG short-term trend chart] A short-term uptrend had started on January 31, 2024 at 32.36 and reached 44.16 on March 28, 2024. HOG gained -11.80 points, or -36.46%, in 57 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 38.21 and resistance is at 45.10. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend. Daily Technical Indicators: [See HOG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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