Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 13.12% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $80.00 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 68.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Deere & Company Is Still A Great Stock For Dividend Growth Investors
Tue, 17 Dec 2013 23:05:27 GMT
Seeking Alpha – Deere & Company ( DE ) has had some amazing growth in FY2013, with revenue, income, earnings per share and the dividend all up, while its payout ratio actually went down. However, its earnings are expected …
Mixed November Retail Sales for Deere
Tue, 17 Dec 2013 21:05:02 GMT
Zacks – Shares of Deere gained 2% since its announcement of mixed retail sales for November on Dec 10.
Business events scheduled for Wednesday
Tue, 17 Dec 2013 18:48:54 GMT
AP – Major business and economic events scheduled for Wednesday: WASHINGTON — Commerce Department releases housing starts for November, 8:30 a.m. WASHINGTON — Federal Reserve policymakers release a statement …
Could Mahindra Pose A Threat To Deere & Co.?
Tue, 17 Dec 2013 18:37:59 GMT
Seeking Alpha – Mahindra & Mahindra Ltd (OTC: OTC:MAHDY ) is one of the biggest manufacturers of automobiles in India and the largest manufacturer (by volume) of agricultural tractors in the world. It sold nearly 225,000 …
ModernGraham Valuation Of Deere & Co.
Tue, 17 Dec 2013 18:13:15 GMT
Seeking Alpha – Here is a look at how Deere & Co. ( DE ) fares in ModernGraham's opinion, based on an updated and modernized version of Benjamin Graham's requirements of defensive and enterprising investors from The Intelligent …
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