Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 27.88% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $2.18 would be kept by the premium seller. The risk of $7.82 would be incurred if the stock rose above the $165.00 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 43.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Deere to launch Startup Collaborator program
Tue, 18 Dec 2018 15:00:00 +0000
MOLINE, Ill. , Dec. 18, 2018 /PRNewswire/ — Deere & Company (NYSE: DE) is launching the Startup Collaborator program in its Intelligent Solutions Group to enhance and deepen its interaction with startup …
Deere (DE) Gains As Market Dips: What You Should Know
Thu, 13 Dec 2018 22:50:10 +0000
In the latest trading session, Deere (DE) closed at $148.31, marking a +0.11% move from the previous day.
See what the IHS Markit Score report has to say about Deere & Co.
Thu, 13 Dec 2018 13:00:16 +0000
Deere & Co NYSE:DE
Stock Market News For Dec 10, 2018
Mon, 10 Dec 2018 14:30:02 +0000
Wall Street declined sharply on Friday as initial enthusiasm over a solution to the ongoing trade war the United States and China faded
10 Stocks Hedge Funds Ditched in Q3 Just Before the Market Crushed Them
Mon, 10 Dec 2018 06:43:44 +0000
Because of the massive amount of capital they manage (over $3 trillion), hedge funds’ collective buying and selling activity can have a significant effect on the direction of the overall market as well as that of individual stocks. Heading into the market turmoil of Q4, equity hedge funds’ exposure to the S&P 500 was at […]
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