Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $77.00 short call and a strike $82.00 long call offers a potential 7.3% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $82.00 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 below 20 which suggests that the stock is in oversold territory.
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
DEERE & CO Files SEC form 8-K, Regulation FD Disclosure
Mon, 04 Apr 2016 13:04:51 GMT
Long Deere – Short Caterpillar Over the past 2 years when this ratio of Caterpillar to Deere stock prices has become overbought, like it is now, it has resulted in a reversal. Will it happen again?
Sat, 02 Apr 2016 13:34:31 GMT
Trump's view on trade comes up short: Deere CEO
Fri, 01 Apr 2016 15:53:14 GMT
Deere CEO: US is improving but not on steady footing
Fri, 01 Apr 2016 14:16:00 GMT
Deere & Co. breached its 50 day moving average in a Bearish Manner : DE-US : April 1, 2016
Fri, 01 Apr 2016 12:11:29 GMT
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