Harley Davidson tries to recoup some losses - Analysis - 31-03-2023

Economies.com
2 months ago

Harley Davidson's stock rose in the intraday levels, buoyed by positive signals from the RSI while trying to recoup some recent losses, marking a cautious profit  of 1.86% in the last session, or 68 cents, settling thereafter at 37.15. 

 

The stock is hurt by piercing the main upward short-term trend line previously, with negative pressure from the 50-day SMA, as the RSI reached overbought levels.

 

Therefore we expect the stock to return lower, targeting the support of 34.00, provided the resistance of 40.00 holds on.

 

Expected trend for today: Bearish

Stocks Technical Analysis

United States Analysis

Stocks

United Health collects profits - Analysis - 06-06-2023
21 hours ago
United Health Group Incorporated's stock (UNH) fell in the intraday levels on profit-taking, while ...
United States Analysis

Stocks

Bank of America gathers positive momentum - Analysis - 06-06-2023
21 hours ago
Bank of America's stock (BAC) fell in the intraday levels, while gathering positive momentum to ...
United States Analysis

Stocks

Bristol-Myers Squibb tries to correct downward trend - Analysis - 06-06-2023
21 hours ago
Bristol-Myers Squibb Company's stock (BMY) rose in the intraday levels, buoyed by positive signals ...