Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 7.07% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $92.50 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 35.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Josh Brown's technical stock picks
Wed, 07 Jan 2015 17:18:00 GMT
Mike Johanns elected to Deere & Company Board of Directors
Wed, 07 Jan 2015 14:30:00 GMT
PR Newswire – MOLINE, Ill., Jan. 7, 2015 /PRNewswire/ — Deere & Company (DE) announced today that former U.S. Senator Michael O. Johanns has been elected to its board of directors effective January 8, 2015. Johanns recently completed his term in the Senate after deciding not to run for re-election. He has also previously served as the U.S. Secretary of Agriculture and as governor of Nebraska. “Mike's wide range of expertise in the areas of agriculture, banking, commerce, foreign trade, law and governance will be valuable assets for the Deere & Company Board of Directors,” said Samuel R. Allen, Deere's chairman and chief executive officer.
Mike Johanns elected to Deere & Company Board of Directors
Wed, 07 Jan 2015 14:30:00 GMT
CNW Group – Mike Johanns elected to Deere & Company Board of Directors
DEERE & CO Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Wed, 07 Jan 2015 13:55:39 GMT
DEERE & CO Files SEC form 8-K, Regulation FD Disclosure
Mon, 05 Jan 2015 14:01:17 GMT
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