Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $123.00 short put and a strike $118.00 long put offers a potential 38.12% 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 $123.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $3.62 would be incurred if the stock dropped below the $118.00 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.
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LATEST NEWS for Deere
[$$] Deere to Buy German Road Construction Equipment Maker for $4.89 Billion
Fri, 02 Jun 2017 04:06:21 +0000
Deere bought a construction-equipment maker for the first time in years, as the agricultural-machinery giant pursues sales beyond the struggling U.S. farm economy.
Dollar General and Deere rise; Boeing and HP Enterprise
Thu, 01 Jun 2017 21:28:08 +0000
Stocks that moved substantially or traded heavily on Thursday: Boeing Co., down 31 cents to $187.32 Canada's defense minister renewed threats to cancel an order for Boeing fighter jets because of its trade …
John Deere Capital Corporation — Moody's affirms Deere's A2/P-1 ratings on Wirtgen acquisition; outlook remains negative.
Thu, 01 Jun 2017 21:14:07 +0000
Rating Action: Moody's affirms Deere's A2/P-1 ratings on Wirtgen acquisition; outlook remains negative. Global Credit Research- 01 Jun 2017. New York, June 01, 2017– Moody's Investors Service affirmed …
Farm Giant Deere Hits The Road With Big German Takeover
Thu, 01 Jun 2017 20:34:16 +0000
Deere will buy privately held Wirtgen Group, a German road construction equipment maker, expanding from Deere's traditional focus on farm machinery and forestry gear.
Nine members of iQ100 hit all time highs
Thu, 01 Jun 2017 19:14:00 +0000
9 members of the CNBC iq100 hitting all-time highs today, C.R. Bard, Becton Dickinson, Stryker, Deere, Illinois Tool, 3M, Raytheon, Fiserv, and Mastercard. For more on the index go to CNBC.com/1q100. Now back to the Halftime Report
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