HOG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Harley-Davidson may see a resurgence as brand loyalty strengthens due to community-focused relief efforts and positive sentiment from product launches. Historical data indicates potential gains in stable markets, supported by a favorable long-term outlook.




Bearish Case: Economic pressures from inflation and ongoing competition, particularly in key markets like India, could lead to continued declines in sales and stock performance for Harley-Davidson. Recent performance trends suggest a high likelihood of further bearish movements amidst weak consumer sentiment.




Potential Outcomes:

1. Increased participation in brand events boosts sales (60% chance).

2. Economic downturn leads to further declines (70% chance).

3. Successful product launches reestablish brand appeal (40% chance).




Trading Oracle: Sign Up to access trading oracle trade ideas.



October 27, 2024


Harley-Davidson Forecast

HOG        Harley-Davidson











Correlated Assets

Assets that tend to move strongly with HOG



IQV Forecast + Options Trading Strategies   IQV  IQVIA (0.85)


CP Forecast + Options Trading Strategies   CP  Canadian Pacific Railway (0.8)


AVTR Forecast + Options Trading Strategies   AVTR  Avantor (0.79)


NOMD Forecast + Options Trading Strategies   NOMD  Nomad Foods (0.77)


CAL Forecast + Options Trading Strategies   CAL  Caleres (0.68)



Uncorrelated Assets

Assets with little price relationship to HOG



ROM Forecast + Options Trading Strategies   ROM  ProShares Ultra Technology (-0.0)


MDB Forecast + Options Trading Strategies   MDB  MongoDB (0.0)


AXTA Forecast + Options Trading Strategies   AXTA  Axalta Coating Systems (0.0)


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (0.0)


BBIO Forecast + Options Trading Strategies   BBIO  BridgeBio Pharma (0.0)



Anticorrelated Assets

Assets that tend to move strongly against HOG



BW Forecast + Options Trading Strategies   BW  Babcock & Wilcox Enterprises (-0.47)


COCO Forecast + Options Trading Strategies   COCO  Vita Coco (-0.48)


TTWO Forecast + Options Trading Strategies   TTWO  Take-Two Interactive Software (-0.49)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.49)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.52)









Become a more profitable investor with AI optimized trading strategies






×

Chat with HOG


 Ask any question about HOG!