Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 29.87% 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 $144.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $139.00 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 62.51 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
5 Agriculture Stocks to Buy to Help You Harvest Profits
Wed, 29 Aug 2018 18:26:17 +0000
Agriculture stocks often find themselves ignored by most stock market investors. Also, because farmland serves as a vast American resource, U.S. agriculture goes a long way toward feeding much of the world.
Deere's Stock Price Could Be Boosted by Resilient Demand and Recent Acquisitions
Wed, 29 Aug 2018 17:42:37 +0000
Deere (DE)'s third quarter results showed significant growth for the company. Worldwide net sales and revenue increased 32% to $10.308 billion. Equipment net sales increased 36% to $9.3 billion due in part to strength in key markets.
Deere & Company Announces Quarterly Dividend
Wed, 29 Aug 2018 16:26:00 +0000
MOLINE, Ill. , Aug. 29, 2018 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.69 per share on common stock, payable November 1, 2018 , to stockholders …
Precision Agriculture Drives Deere (DE) as Costs Flare Up
Wed, 29 Aug 2018 12:56:12 +0000
Deere (DE) to gain from positive scenario in the Construction & Forestry equipment segment and focus on precision agriculture strategy despite concerns in the agriculture business.
Top Stock Reports for Oracle, Intuit & Regeneron Pharmaceuticals
Tue, 28 Aug 2018 14:53:02 +0000
Top Stock Reports for Oracle, Intuit & Regeneron Pharmaceuticals
Related Posts
Also on Market Tamer…
Follow Us on Facebook