14-day Premium Trial Subscription Try For FreeTry Free
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
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for Polaris Industries Inc stock after losing 1.77%
(Updated on Jun 14, 2024)

Sell candidate since Jun 13, 2024 Loss -1.77% PDF

The Polaris Industries Inc stock price fell by -1.77% on the last day (Friday, 14th Jun 2024) from $78.44 to $77.05. During the last trading day the stock fluctuated 1.83% from a day low at $76.52 to a day high of $77.92. The price has fallen in 7 of the last 10 days and is down by -7.83% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -243 thousand shares and in total, 667 thousand shares were bought and sold for approximately $51.42 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $75.50 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.57% during the next 3 months and, with a 90% probability hold a price between $61.47 and $68.19 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PII Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 0.443%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Polaris Industries Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $78.12 and $82.64. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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

Polaris Industries Inc finds support from accumulated volume at $76.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.40 between high and low, or 1.83%. For the last week, the stock has had daily average volatility of 2.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PII) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Polaris Industries Inc to open at $77.16, and during the day (based on 14 day Average True Range), to move between $74.73 and $79.37, which gives a possible trading interval of +/-$2.32 (+/-3.01%) up or down from last closing price. If Polaris Industries Inc takes out the full calculated possible swing range there will be an estimated 6.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $76.71 (0.44%) than the resistance at $82.23 (6.72%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Polaris Industries Inc stock A Buy?

Polaris Industries Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.121 Sell Candidate Unchanged

Predicted Opening Price for Polaris Industries Inc of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$77.16 ( 0.147%) $77.05

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

Trading levels for PII

Fibonacci Support & Resistance Levels

Level Price
R3 78.56 1.96%
R2 78.03 1.27%
R1 77.70 0.84%
Price 77.05
S1 76.63 -0.547%
S2 76.30 -0.98%
S3 75.76 -1.67%

Accumulated Volume Support & Resistance Levels

Level Price
R3 86.50 12.26%
R2 83.28 8.09%
R1 82.23 6.72%
Price 77.05
S1 76.71 -0.441%
S2 0 -
S3 0 -

PII Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Jun 03, 2024 Jun 17, 2024 $0.660 0.86%
2 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.660 0.718%
3 Oct 26, 2023 Nov 30, 2023 Dec 15, 2023 $0.650 0.707%
4 Jul 27, 2023 Aug 31, 2023 Sep 15, 2023 $0.650 0.608%
5 Apr 27, 2023 May 31, 2023 Sep 15, 2023 $0.650 0.608%

FAQ

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?
Polaris Industries Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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 Jun 14, 2024, the price of an Polaris Industries Inc (PII) share was $77.05.

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 $75.54.

What is the market capitalization of Polaris Industries Inc Stock?
As of the Jun 14, 2024, the market capitalization of Polaris Industries Inc is 4.354B.

When is the next earnings date for Polaris Industries Inc?
The upcoming earnings date for Polaris Industries Inc is Jul 23, 2024.
Click to get the best stock tips daily for free!

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

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT