Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $124.00 short put and a strike $119.00 long put offers a potential 17.92% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $124.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $119.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Deere is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Deere
Earnings Estimates Moving Higher for Deere & Company (DE): Time to Buy?
Wed, 07 Jun 2017 12:38:12 +0000
Deere & Company (DE) could be an interesting play for investors as it is seeing solid activity on the earnings estimate revision in addition to having decent short-term momentum.
Top Stock Picks for the Week of June 5th
Tue, 06 Jun 2017 19:50:07 +0000
Two Solid Picks To Consider.
Deere Puts a $15 Billion Rival in the Headlights
Tue, 06 Jun 2017 14:09:48 +0000
It makes the construction business at CNH Industrial NV look even more ill-suited to the truck and tractor maker than it already is.
Deere, Hertz Global Holdings and Canada Goose Holdings highlighted as Zacks Bull and Bear of the Day
Mon, 05 Jun 2017 13:30:01 +0000
Deere, Hertz Global Holdings and Canada Goose Holdings highlighted as Zacks Bull and Bear of the Day
Bull of the Day: Deere & Co (DE)
Mon, 05 Jun 2017 11:01:11 +0000
Bull of the Day: Deere & Co (DE)
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