Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 12.36% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 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 $90.00 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 32.76 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 & CO Files SEC form 10-Q, Quarterly Report
Thu, 28 Aug 2014 17:10:23 GMT
Deere (DE) Declares Quarterly Dividend
Wed, 27 Aug 2014 18:36:00 GMT
Deere & Company Announces Quarterly Dividend
Wed, 27 Aug 2014 17:15:00 GMT
PR Newswire – MOLINE, Ill., Aug. 27, 2014 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.60 a share on common stock, payable November 3, 2014, to stockholders …
Deere & Company Announces Quarterly Dividend
Wed, 27 Aug 2014 17:15:00 GMT
CNW Group – Deere & Company Announces Quarterly Dividend
Seed companies ‘insulated'
Tue, 26 Aug 2014 17:20:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook