Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $165.00 short put and a strike $160.00 long put offers a potential 35.87% 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 $165.00 by expiration. The full premium credit of $1.32 would be kept by the premium seller. The risk of $3.68 would be incurred if the stock dropped below the $160.00 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 78.06 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
Rockwell Automation (ROK) Tops Q1 Earnings, Revises Outlook
Wed, 24 Jan 2018 20:23:08 +0000
Rockwell Automation (ROK) expects to benefit from expanded product offering, strong customer relationships and strategic focus on the Connected Enterprise.
3 Construction Stocks to Buy As U.S. Building Heats Up
Wed, 24 Jan 2018 19:28:07 +0000
After a strong 2017 for the construction industry and most signs pointing to continued growth, it might be a great time to jump on some construction and homebuilding industry stocks.
Grainger (GWW) Q4 Earnings, Revenues Beat on Higher Volumes
Wed, 24 Jan 2018 15:53:03 +0000
To reflect lower corporate taxes due to U.S. tax legislation and better-than-expected 2017 results, Grainger (GWW) raised earnings per share guidance for 2018.
Factors That Are Likely to Impact Dover's (DOV) Q4 Earnings
Wed, 24 Jan 2018 13:20:01 +0000
Strong bookings trends, continued growth in Energy, Engineered Systems and Fluids segments will likely be catalysts for Dover's (DOV) Q4 results.
Caterpillar Stock Upgraded: What You Need to Know
Tue, 23 Jan 2018 18:49:25 +0000
Analysts are excited for Caterpillar's prospects in 2018.
Related Posts
Also on Market Tamer…
Follow Us on Facebook