Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $121.00 short put and a strike $116.00 long put offers a potential 20.19% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $121.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $116.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Deere is bullish.
The RSI indicator is at 78.18 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
Better Buy Now: Caterpillar Inc. vs. Deere & Company
Wed, 31 May 2017 20:22:00 +0000
With both Caterpillar and Deere shares soaring, which one should you put your money on?
Deere Declares 60 Cent Quarterly Dividend
Wed, 31 May 2017 16:27:00 +0000
The dividend is payable on August 1 to stockholders of record at the close of business on June 30.
Deere & Company Announces Quarterly Dividend
Wed, 31 May 2017 15:57:00 +0000
MOLINE, Ill., May 31, 2017 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.60 per share on common stock, payable August 1, 2017, to stockholders …
6 Reasons to Add Deere (DE) Stock to Your Portfolio Now
Mon, 29 May 2017 15:36:03 +0000
Deere (DE) is poised to gain from positive estimate revisions and upbeat outlook.
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Fri, 26 May 2017 17:20:00 +0000
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