Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 17.92% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $92.50 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 61.55 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
Farm groups, ag tech companies agree on data privacy standards
Thu, 13 Nov 2014 20:04:22 GMT
Farm Startup Seeks to Profit from Harvesting Big Data
Thu, 13 Nov 2014 19:04:53 GMT
As Rural Populations Continue To Expand, These Stocks Could Flourish
Thu, 13 Nov 2014 18:29:00 GMT
Deere earns spot on 2014 global list of top companies for leadership
Wed, 12 Nov 2014 15:30:00 GMT
PR Newswire – MOLINE, Ill., Nov. 12, 2014 /PRNewswire/ — Deere & Company (NYSE: DE) has been selected 16 th on the 2014 Global Top Companies for Leaders list – a comprehensive study that recognizes best-in-class management …
Deere earns spot on 2014 global list of top companies for leadership
Wed, 12 Nov 2014 15:30:00 GMT
CNW Group – Deere earns spot on 2014 global list of top companies for leadership
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