Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 6.18% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $5.18 would be incurred if the stock dropped below the $147.00 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 52.73 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
Time to Get Greedy With Deere & Company Stock
Fri, 08 Jun 2018 11:04:00 +0000
The agricultural machinery company is moving into the up part of its cycle, but there's still potential for more upside if there's improvement in crop prices.
Free Daily Technical Summary Reports on Deere & Co. and Three Other Farm & Construction Machinery Stocks
Wed, 06 Jun 2018 11:10:00 +0000
WallStEquities.com has selected the following Farm and Construction Machinery stocks for assessment today: CNH Industrial N.V. (NYSE: CNHI), Deere & Co. (NYSE: DE), Terex Corp. (NYSE: TEX), and The Manitowoc Co. Inc. (NYSE: MTW).
Trump Tariffs Continue to Rattle Markets, But Investors Should Stay Calm
Tue, 05 Jun 2018 17:13:41 +0000
Markets fell last week upon the expansion of the so-called “Trump tariffs.” The uncertainty created by the new round of duties — 25% on imported steel and 10% on imported aluminum — exacerbated long-running fears of a trade war. It’s important to remember that the tariffs themselves aren’t that broad — at least not yet. The U.S. has imposed its tariffs, and the impacted nations have responded.
Deere Launches 2022 Sustainability Goals
Tue, 05 Jun 2018 13:30:00 +0000
MOLINE, Ill. , June 5, 2018 /PRNewswire/ — As World Environment Day is celebrated today across the globe, Deere & Company (NYSE: DE) is setting its sights on a robust set of sustainability goals that …
4 Notable Dividend Increases From the Past Week
Mon, 04 Jun 2018 19:38:03 +0000
The S&P 500 Index edged higher last week after investors reacted positively to another strong report on the U.S. labor market. With corporate profits heading higher, several companies rewarded shareholders with news of fresh dividend raises.
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