Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $420.00 short call and a strike $425.00 long call offers a potential 58.73% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $420.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock rose above the $425.00 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 68.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
John Deere Cultivates Multi-Year Charitable Ambassador Partnership with Daniel Berger
Tue, 05 Apr 2022 11:00:00 +0000
Deere & Company (NYSE: DE) has teamed up with the 21st ranked golfer in the world and Ryder Cup champion, Daniel Berger, for a multi-year charitable ambassador partnership that will include charitable collaborations and branding on his golf bag.
Manitowoc (MTW) Cuts Operations in Russia, Halts Crane Orders
Mon, 04 Apr 2022 15:57:03 +0000
Manitowoc (MTW) closes new crane orders from Russia, with sales to the country contributing less than 2% to the company's total sales in 2021.
Zacks Industry Outlook Highlights Titan International, Deere & Co, and AGCO
Mon, 04 Apr 2022 15:37:03 +0000
Titan International, Deere & Co, and AGCO are part of today's Industry outlook article.
Apogee (APOG) Bets on Order Trends & Pricing Amid High Costs
Mon, 04 Apr 2022 14:53:02 +0000
Strong order levels at Apogee's (APOG) Architectural Services segment, pricing actions and productivity improvement efforts will help negate the impact of high costs.
Deere's (NYSE:DE) five-year total shareholder returns outpace the underlying earnings growth
Fri, 01 Apr 2022 18:49:30 +0000
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can…
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