Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 12.36% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Deere is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Deere is bearish.
The RSI indicator is at 57.38 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
Business Highlights
Mon, 08 Dec 2014 22:48:44 GMT
AP – ___ Can low oil prices be good for the environment? Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar sands of Canada are …
FMHR Final Trade: BK, RIG, DE & GPRO
Fri, 05 Dec 2014 17:58:00 GMT
Deere Buys Auteq to Enhance Presence in Sugarcane Market
Fri, 05 Dec 2014 15:40:02 GMT
Deere completes acquisition of Auteq Telematica
Thu, 04 Dec 2014 15:00:00 GMT
PR Newswire – MOLINE, Ill., Dec. 4, 2014 /PRNewswire/ — Deere & Company (DE) has fully acquired Auteq Telematica, an onboard software and computer company located in Sao Paulo, Brazil. Deere had previously created a joint venture with Auteq in 2009 to provide integrated, innovative technologies and solutions for sugarcane production. The acquisition provides John Deere additional specialization in the sugarcane market and further capability to develop products and services to help customers leverage the data produced by onboard computers in equipment used for planting, crop care and harvesting in sugarcane production. “The acquisition of Auteq is another step to solidify our growth strategy in the sugarcane segment,” said Paulo Herrmann, president of John Deere Brasil.
Deere completes acquisition of Auteq Telematica
Thu, 04 Dec 2014 15:00:00 GMT
CNW Group – Deere completes acquisition of Auteq Telematica
Related Posts
Also on Market Tamer…
Follow Us on Facebook