Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 20.48% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $97.50 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 39.78 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
[$$] Bye-Bye Buybacks
Sat, 17 May 2014 07:09:00 GMT
Western sanctions against Russia bite…U.S. companies?
Fri, 16 May 2014 12:37:56 GMT
The Daily Ticker – http://l.yimg.com/hv/api/res/1.2/GE2F9N6xwlxsBmWi51a6hw–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.yahoofinance.dailyticker.com@04b4dda0-cd87-3efb-af1c-364eab47e6f2_FULL.png
Company News: Google, BNP Paribas, ESPN, Fox, Univision, NBC, Deere, Sears
Thu, 15 May 2014 23:18:02 GMT
Business events scheduled for the coming week
Thu, 15 May 2014 17:51:38 GMT
AP – MONDAY, March 17 WASHINGTON —Treasury releases foreign holdings of U.S. debt for January, 9 a.m. Eastern; Federal Reserve releases industrial production for February, 9:15 a.m.; National Association of …
Business events scheduled for the coming week
Thu, 15 May 2014 17:51:38 GMT
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