Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 20.19% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 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 $87.50 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 64.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
DEERE & CO Files SEC form 10-Q, Quarterly Report
Thu, 28 May 2015 13:28:15 GMT
3 Contrarian Industrial Stock Picks to Buy Before June
Thu, 28 May 2015 12:29:00 GMT
Deere & Company Announces Quarterly Dividend
Wed, 27 May 2015 15:00:00 GMT
PR Newswire – MOLINE, Ill., May 27, 2015 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.60 per share on common stock, payable August 3, 2015, to stockholders …
Deere & Company Announces Quarterly Dividend
Wed, 27 May 2015 15:00:00 GMT
CNW Group – Deere & Company Announces Quarterly Dividend
Deere & Company Board of Directors Adds Two Members
Wed, 27 May 2015 14:39:05 GMT
noodls – Deere & Company Board of Directors Adds Two Members
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