Do You Keep A Shopping List Ready? – National Oilwell Varco, Inc. (NOV), Harley-Davidson, Inc. (HOG)

National Oilwell Varco, Inc. (NYSE:NOV) is still -62.14% behind the $49.08 high touched on 2018-07-31. Even though its shares witnessed a -3.29% increase from the 52-week low price of $31.3 they recorded on 2018-12-06. The price recently went down by -$1.41 now trading at $30.27. The last few days have been rough for the stock, as its price has decreased by -7.12% during the week. It has also performed poorly over the past three months, as it lost around -32.82% while it has so far retreated around -8.74% during the course of a year. The stock of NOV recorded -15.96% downtrend from the beginning of this year till date. The 12-month potential price target for National Oilwell Varco, Inc. is set at $41.4. This target means that the stock has an upside potential to increase by 36.77% from the current trading price.

When giving their opinion, around 35.71% of Wall Street analysts, which represents 10 out of 28 rated the stock as a Buy. 16 brokerage firms of the remaining 57.14% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate NOV shares held by institutional investors represents 95.6% of total shares. 75 institutions entered new National Oilwell Varco, Inc. (NYSE:NOV) positions, 269 added to their existing positions in these shares, 281 lowered their positions, and 39 exited their positions entirely.

National Oilwell Varco, Inc. (NOV) trade volume has increased by 22.9% as around 4,698,899 shares were sold when compared with its 50-day average volume of traded shares which is 3,823,310. At the moment, NOV is witnessing a downtrend, as it is trading -9.08% below its 20-day SMA, -20.03% below its 50-day SMA, and -25.41% below its 200-day SMA. The company runs an ROE of roughly -0.4%, with financial analysts predicting that their earnings per share growth will be around 41% per annum for the next five year. This will be compared to the -17.4% decrease witnessed over the past five years.

The first technical resistance point for National Oilwell Varco, Inc. (NYSE:NOV) will likely come at $30.77, marking a 1.62% premium to the current level. The second resistance point is at $31.27, about 3.2% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $29.24, the lower end of the range. NOV’s 14-day MACD is -0.7 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 29.86, which shows that its stock has been oversold. The 20-day historical volatility for the stock stands at 34.95 percent, which is low when compared to that of the 50-day’s 35.68 percent.

The shares of Harley-Davidson, Inc. (NYSE:HOG) has decreased by -5.76%, and now trading at $39.45 on the Wall Street in the intra-day deal, with their shares traded now around 3,618,895. This is a rise of 980,269 shares over the average 2,638,626 shares that were traded daily over the last three months. The stock that is trading at $39.45 went higher by 10.32% from its 52-week low of $35.76 that it attained back on 2018-10-26. The stock recorded a 52-week high of $56.5 nearly 312 days ago on 2018-01-29.

HOG stock has performed well over the past 30 days, as it added 0.61% while its price plunged by -22.46% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -7.83% over the last week. The stock’s 12-month potential target price is now at $42.64. This means that the stock price might likely increase by 8.09% from its current trading price.5 out of 21 Wall Street analysts which represents 23.81% rated the stock as a buy while the remaining 71.43 rated it as a hold, with 4.76 of analysts rating it as a sell.

Harley-Davidson, Inc. (NYSE:HOG) has been utilizing an ROE that is roughly 26.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 10.65% per year, following the 4.1% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -4.34% below its 20-day SMA, -4.23% below its 50-day SMA, and -7.23% below its 200-day SMA. In percentage terms, the aggregate Harley-Davidson, Inc. shares held by institutional investors is 91.5%. 57 institutions jumped in to acquire Harley-Davidson, Inc. (HOG) fresh stake, 204 added to their current holdings in these shares, 223 lowered their positions, and 59 left no stake in the company.

The stock’s 9-day MACD is -0.12 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 37.11, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 38.84 percent, which is more when compared to that of the 50-day’s 31.67 percent. On the daily chart, we see that the stock could reach the first level of resistance at $40.6, sporting a 2.83% premium to the current level. The next resistance point is at $41.76, representing nearly 5.53% premium to the current market price of Harley-Davidson, Inc. (HOG). On the other hand, failure to breach the immediate hurdles can drag it down to $38.16, the lower end of the range.