Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $425.00 short put and a strike $415.00 long put offers a potential 31.58% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $425.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock dropped below the $415.00 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
Should You Be Worried About Decisive Dividend Corporation's (CVE:DE) 10% Return On Equity?
Mon, 28 Mar 2022 22:21:35 +0000
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like…
Deere (DE) Stock Sinks As Market Gains: What You Should Know
Mon, 28 Mar 2022 21:50:09 +0000
In the latest trading session, Deere (DE) closed at $432.61, marking a -0.88% move from the previous day.
Top Stock Reports for Visa, Novartis & Deere
Mon, 28 Mar 2022 18:06:06 +0000
Today's Research Daily features new research reports on 16 major stocks, including Visa Inc. (V), Novartis AG (NVS), and Deere & Company (DE).
Deere (DE) Hits New 52-Week High: What's Driving it?
Mon, 28 Mar 2022 14:20:02 +0000
Increasing demand for Deere's (DE) equipment stemming from escalating commodity prices has been contributing to the share price rally.
Deere Stock Catches an Upgrade, but This Analyst Likes a Rival Better
Mon, 28 Mar 2022 13:34:00 +0000
J.P. Morgan raised its rating on Deere stock to Hold from Sell. It isn't that the analyst had a change of heart. It's a new analyst.
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