Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $149.00 short put and a strike $144.00 long put offers a potential 20.19% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $149.00 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 $144.00 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 above 80 which suggests that the stock is in overbought territory.
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 (DE) Hits 52-Week High: What's Driving the Stock?
Tue, 05 Dec 2017 13:50:01 +0000
A bullish fiscal 2018 outlook and expected benefits from the recently closed Wirtgen acquisition boosted investors' confidence and catapulted Deere & Company (DE) shares to a new 52-week high.
The Most Wonderful Time Of The Year For Stocks
Mon, 04 Dec 2017 20:42:00 +0000
There are never any guarantees that past performance will equal future performance, but we are now just five weeks into the seasonally favorable November-April time of the year.
The Zacks Analyst Blog Highlights: JPMorgan, Deere, VMware, Principal Financial and Fortive
Mon, 04 Dec 2017 13:38:01 +0000
The Zacks Analyst Blog Highlights: JPMorgan, Deere, VMware, Principal Financial and Fortive
Deere (DE) Reinforces Construction Business with Wirtgen Buy
Mon, 04 Dec 2017 13:27:01 +0000
Deere (DE) completed the buyout of road-construction equipment maker Wirtgen, in line with its long-term strategy to expand in agriculture and construction, two of its global growth businesses.
Zacks Industry Outlook Highlights: Caterpillar, Stanley Black & Decker, Deere, Roper Technologies and Rockwell Automation
Mon, 04 Dec 2017 13:24:01 +0000
Zacks Industry Outlook Highlights: Caterpillar, Stanley Black & Decker, Deere, Roper Technologies and Rockwell Automation
Related Posts
Also on Market Tamer…
Follow Us on Facebook