Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $84.00 short call and a strike $89.00 long call offers a potential 5.04% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $84.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $89.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Deere is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Deere is bearish.
The RSI indicator is at 48.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Can Deere Catch Caterpillar In Brazil?
Thu, 02 Oct 2014 13:29:00 GMT
Deere announces changes to senior leadership team
Wed, 01 Oct 2014 14:00:00 GMT
PR Newswire – MOLINE, Ill., Oct. 1, 2014 /PRNewswire/ — Deere & Company (DE) today announced changes to its senior leadership team that will take place after the retirement of James A. Israel, president of John Deere Financial – the company's global financial services division headquartered in Des Moines, Iowa. James A. Israel, president, John Deere Financial, has elected to retire after 35 years of service. Michael J. Mack, Jr. is appointed group president, John Deere Financial Services, Global Human Resources and Public Affairs. Max A. Guinn is appointed president, Worldwide Construction & Forestry, Global Labor Relations and Security.
Deere announces changes to senior leadership team
Wed, 01 Oct 2014 14:00:00 GMT
CNW Group – Deere announces changes to senior leadership team
UPDATE: Credit Suisse Reiterates Outperform Rating, Lowers PT on Deere & Company Following Brazil Analyst Day
Mon, 29 Sep 2014 11:49:42 GMT
Deere Reviews Strategic Options for Crop Insurance Unit
Wed, 24 Sep 2014 21:45:02 GMT
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