Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 31.58% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock dropped below the $130.00 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 69.91 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
Deere Works to Improve US Wildlife Habitats
Mon, 12 Nov 2018 13:06:39 +0000
On November 7, John Deere (JD) announced that Pheasants Forever and Quail Forever will help improve wildlife habitats across the US. Deere also announced that it will provide discounts on purchases of select models of new equipment like compact utility tractors, riding mowers, rotary cutters, and other products to Pheasants Forever and Quail Forever.
See what the IHS Markit Score report has to say about Deere & Co.
Fri, 09 Nov 2018 13:00:17 +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. The current level displays a neutral indicator.
3 Top U.S. Stocks to Watch in November
Fri, 09 Nov 2018 04:19:00 +0000
Here's why this biodiesel play, leading agriculture company, and e-commerce giant should be on your watchlist right now.
Trade of the Day: Deere Stock Is Now a Short
Thu, 08 Nov 2018 12:36:27 +0000
Industrial stocks as a sector of the S&P 500 have underperformed the S&P 500 all year and once again in the latest down-leg in October. After a steep “counter-trend” bounce over the past few trading sessions (along with the broader U.S. stock market), industrial stocks such as Deere (NYSE:DE) are now bumping into a layer of technical resistance where active investors and traders could look to re-initiate short-side trades. Large-capitalization industrial stocks, although they cover a wide variety of industries, are to a good degree exposed to the global business cycle in that they offer products and services internationally.
How DowDuPont’s Agriculture Segment Performed in Q3
Tue, 06 Nov 2018 22:25:02 +0000
DowDuPont’s (DWDP) Agriculture segment accounted for 9.7% of DWDP’s Q3 2018 revenues compared to 10.5% in Q3 2017 on a pro forma basis, implying a decline of 0.8 percentage points on a year-over-year basis. This segment reported revenues of $1.95 billion in Q3 2018, an increase of 1.8% on a year-over-year basis. In Q3 2017, the segment reported revenue of $1.91 billion.
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