Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 20.48% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $122.00 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
Deere in high gear
Mon, 02 Oct 2017 17:31:00 +0000
"Halftime Report" trader Jon Najarian spots unusual activity in shares of Allergan and Deere.
Is Deere & Company’s (DE) PE Ratio A Signal To Buy For Investors?
Fri, 29 Sep 2017 15:17:11 +0000
Deere & Company (NYSE:DE) is currently trading at a trailing P/E of 20.3x, which is lower than the industry average of 27.4x. Although some investors may jump to the conclusionRead More…
See what the IHS Markit Score report has to say about Deere & Co.
Wed, 27 Sep 2017 12:01:12 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding DE totaled $5.30 billion.
Caterpillar (CAT) or Deere (DE): Which Is the Better Stock?
Mon, 25 Sep 2017 15:00:03 +0000
In this write up we compare two heavyweights in the industrial products sector, Caterpillar (CAT) and Deere & Company (DE) to assess which is a better stock for investors.
Recalls this week: infant bib and bootie sets, lawn tractors
Fri, 22 Sep 2017 17:51:17 +0000
A line of infant bib and bootie sets are being recalled because a piece poses a choking hazard. Other recalled consumer products this week include lawn tractors with potentially faulty transmissions.
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