Harley Davidson's most recent trend suggests a bullish bias. One trading opportunity on Harley Davidson is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 7.99% return on risk over the next 5 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Harley Davidson is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Harley Davidson is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Harley Davidson
Auto Stock Roundup: Auto Majors Collaborate for Safety, TSLA Opts for Sales Job Cuts
Thu, 11 Apr 2019 12:52:12 +0000
General Motors (GM), Ford (F) and Toyota (TM) collaborate with the automotive engineering group, SAE International, to lay down autonomous vehicle safety guiding principles.
Harley-Davidson Stock Could Be Running Out of Gas After a Big Rally
Tue, 09 Apr 2019 09:00:00 +0000
Harley-Davidson stock was trading lower after a downgrade from Wells Fargo, which argued that there’s little gas left in the motorcycle maker’s shares following their year-to-date rally.
Wells Fargo downgrades Harley-Davidson on weak market and tariff worries
Mon, 08 Apr 2019 18:03:07 +0000
Iconic American bike motorcycle manufacturer Harley-Davidson has embarked on an ambitious plan to revamp its product line and attract new riders, but investors still think it has a lot of work ahead of it.
Harley-Davidson Downshifts Following Wells Fargo Downgrade
Mon, 08 Apr 2019 17:11:00 +0000
Despite downgrade, analyst Timothy Conder increased the motorcycle-maker's price target to $41 per share from $40. The share price is a 2% upside from the stock's previous closing price of $40.31. Harley-Davidson shares were down 1.5% to $39.70 per share premarket.
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Fri, 05 Apr 2019 14:27:02 +0000
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