Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $150.00 short call and a strike $160.00 long call offers a potential 32.45% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $2.45 would be kept by the premium seller. The risk of $7.55 would be incurred if the stock rose above the $160.00 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 44.17 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
Deere (DE) Stock Moves -0.99%: What You Should Know
Thu, 20 Dec 2018 22:45:10 +0000
Deere (DE) closed at $144.64 in the latest trading session, marking a -0.99% move from the prior day.
John Deere launches new program to connect with startups
Thu, 20 Dec 2018 14:41:15 +0000
Moline-based Deere announced this week that it’s launching the Startup Collaborator program to foster better relationships with upstart tech companies.
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
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