Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 36.99% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $145.00 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 56.58 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
Is Deere & Company (DE) A Good Stock To Buy?
Fri, 07 Dec 2018 10:17:03 +0000
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors’ favor when it comes to beating the market, […]
Dow Goes Online in China with Alibaba
Thu, 06 Dec 2018 16:15:09 +0000
In a press release on December 5, Dow, a subsidiary of DowDuPont (DWDP), announced that it had opened a flagship store on 1688.com, an online wholesale purchasing platform owned by Alibaba. This move is expected to help customers in China buy Dow products online and is in line with Dow’s digitalization strategy and is also seen as an opportunity to explore new business.
Here's Why Deere & Company Stock Rallied 14.4% in November But Is Already Losing Ground
Thu, 06 Dec 2018 15:07:00 +0000
After important updates in November, this is what Deere stock needs to head higher.
Deere & Company Raises Dividend
Wed, 05 Dec 2018 15:59:00 +0000
MOLINE, Ill. , Dec. 5, 2018 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors today increased the company's quarterly dividend to $.76 per share on common stock. The dividend is payable …
Can the Market Optimism on the Trade Truce Continue?
Tue, 04 Dec 2018 20:35:02 +0000
The trade war between the US (QQQ) (IVV) and China started with a view on trade imbalances. However, the trade war escalated and includes more far-reaching and strategic issues like technology transfers, intellectual property rights, and China’s (MCHI) ambitions of marching up the value chain in key strategic industries. The hope that China would give up on its ambitions and quickly open up its markets to foreign companies is wishful thinking. Market participants have been debating how the trade issues can be resolved. One of the big questions is who will lead the trade talks with China during the truce.
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