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 18.76% return on risk over the next 33 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 $0.79 would be kept by the premium seller. The risk of $4.21 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 49.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
News from the farm sector is depressing; Deere is a long-term buy, however, at $80 or lower
Tue, 16 Dec 2014 04:24:00 GMT
Caterpillar: This is Going to Hurt?
Mon, 15 Dec 2014 14:59:00 GMT
Business events scheduled for the coming week
Fri, 12 Dec 2014 18:51:31 GMT
AP – All times are Eastern MONDAY, Nov. 24 BERLIN — Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy. TUESDAY, Nov. 25 WASHINGTON — Commerce …
Business events scheduled for the coming week
Fri, 12 Dec 2014 18:51:31 GMT
Cramer: This stock is on a major turnaround
Fri, 12 Dec 2014 00:00:00 GMT
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