Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $165.00 short put and a strike $160.00 long put offers a potential 25.94% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock dropped below the $160.00 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 at 77.81 level which suggests that the stock is neither overbought nor oversold at this time.
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
Caterpillar Stock Upgraded: What You Need to Know
Tue, 23 Jan 2018 18:49:25 +0000
Analysts are excited for Caterpillar's prospects in 2018.
Will Improving End-Markets Aid Caterpillar's Q4 Earnings?
Mon, 22 Jan 2018 14:07:02 +0000
After delivering back-to-back surprises in all three quarters of 2017, Caterpillar is likely to deliver another beat in Q4 driven by both upbeat performances in all its segments.
3 Reasons Deere Is Set for a Good Year
Sat, 20 Jan 2018 12:16:00 +0000
The agricultural machinery company looks like it's over the worst of the downturn.
Japanese Candlesticks Show Reversal Pattern on Deere
Fri, 19 Jan 2018 17:24:00 +0000
Charts indicate Deere is done rising for now.
Zacks Value Investor Highlights: General Electric, Masco, Fortune Brands Home & Security, Sherwin Williams and Deere
Fri, 19 Jan 2018 13:18:01 +0000
Zacks Value Investor Highlights: General Electric, Masco, Fortune Brands Home & Security, Sherwin Williams and Deere
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