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 19.05% return on risk over the next 29 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 $0.80 would be kept by the premium seller. The risk of $4.20 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 71.53 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 Stages a Breakout
Thu, 09 Jun 2016 15:57:00 GMT
Deere Announces Allied Distribution Agreement with 360 Yield Center
Tue, 07 Jun 2016 14:38:02 GMT
noodls – Deere Announces Allied Distribution Agreement with 360 Yield Center The text version of this document is not available at the moment. The original content was posted at original link . Deere & Company …
Love for the Lawn: Millennials Covet the Best Lawn on the Block
Tue, 07 Jun 2016 13:00:00 GMT
PR Newswire – CARY, N.C., June 7, 2016 /PRNewswire/ — A recent survey from John Deere found that Millennial homeowners (44 percent) are more likely than older generations (37 percent) to aspire to have their lawns be the envy of their neighborhood. The survey of more than 1,085 U.S. homeowners who maintain their own lawn uncovered an opportunity to help homeowners of all generations curate a lawn they love to care for and enjoy with a few simple tips. “At John Deere, we know a beautiful green yard is important to the overall look of a property,” said Mark Schmidt, principal scientist, John Deere.
Deere Stock Can Rise 25%, Believes Goldman Sachs (DE)
Mon, 06 Jun 2016 11:22:00 GMT
7 Major Analyst Upgrades Calling for Huge Upside
Sun, 05 Jun 2016 13:45:33 GMT
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