RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PII
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Green day on Tuesday for Polaris Industries Inc
(Updated on Feb 27, 2024)


Buy or Hold candidate since Feb 20, 2024 Loss -0.72% PDF
The Polaris Industries Inc stock price gained 1.21% on the last trading day (Tuesday, 27th Feb 2024), rising from $91.14 to $92.24. During the last trading day the stock fluctuated 2.21% from a day low at $91.17 to a day high of $93.18. The price has been going up and down for this period, and there has been a -1.26% loss for the last 2 weeks. Volume fell on the last day by -9 thousand shares and in total, 333 thousand shares were bought and sold for approximately $30.71 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.52% during the next 3 months and, with a 90% probability hold a price between $92.74 and $102.01 at the end of this 3-month period.

PII Signals & Forecast

The Polaris Industries Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $92.27. On a fall, the stock will find some support from the long-term average at approximately $91.13. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, January 22, 2024, and so far it has fallen -3.35%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Wednesday, January 17, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, January 17, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

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Support, Risk & Stop-loss for Polaris Industries Inc stock

Polaris Industries Inc finds support from accumulated volume at $89.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.01 between high and low, or 2.21%. For the last week the stock has had daily average volatility of 1.95%.

Our recommended stop-loss: $88.89 (-3.64%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)

Trading Expectations (PII) For The Upcoming Trading Day Of Wednesday 28th

For the upcoming trading day on Wednesday, 28th we expect Polaris Industries Inc to open at $92.20, and during the day (based on 14 day Average True Range), to move between $89.84 and $94.64, which gives a possible trading interval of +/-$2.40 (+/-2.60%) up or down from last closing price. If Polaris Industries Inc takes out the full calculated possible swing range there will be an estimated 5.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $92.71 (0.51%) than the support at $89.20 (3.30%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Polaris Industries Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Polaris Industries Inc stock to perform well in the short-term.

Current score: 1.072 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Polaris Industries Inc of Wednesday, February 28, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 28, 2024 Current price
$92.20 ( 0.0472%) $92.24

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 94.21 2.13 %
R2 93.44 1.30 %
R1 92.96 0.785 %
Current price: 92.24
Support S1 91.43 -0.88 %
S2 90.95 -1.39 %
S3 90.19 -2.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 93.91 1.81 %
R2 93.05 0.88 %
R1 92.71 0.510 %
Current price 92.24
Support S1 89.20 -3.30%
S2 88.18 -4.40%
S3 82.47 -10.59%
What is the symbol for Polaris Industries Inc Stock and on which exchange is it traded?
The symbol for Polaris Industries Inc is PII and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Polaris Industries Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Polaris Industries Inc stock to perform well in the short-term.

How to buy Polaris Industries Inc Stock?
Polaris Industries Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Polaris Industries Inc Stock.

What's the current price of Polaris Industries Inc Stock?
As of the end of day on the 2024-02-27, the price of an Polaris Industries Inc (PII) share was $92.24.

What is the 52-week high and low for Polaris Industries Inc Stock?
The 52-week high for Polaris Industries Inc Stock is $138.49 and the 52-week low is $82.00.

What is the market capitalization of Polaris Industries Inc Stock?
As of the 2024-02-27, the market capitalization of Polaris Industries Inc is 5.14B.

When is the next earnings date for Polaris Industries Inc?
The upcoming earnings date for Polaris Industries Inc is Apr 23, 2024.

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About Polaris Industries Inc

Polaris Industries Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates through six segments: ORV, Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bikes conversion kit systems; motorcycles; and low emission, light duty hauling, passenger, and industrial vehicles. It ... PII Profile

PII Dividend Data

2.53%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Next Ex-Dividend Date Feb 29, 2024
Next Payment Date Mar 15, 2024
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