Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 7.99% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $95.00 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 49.1 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
Will This Price Target Decrease Hurt Deere (DE) Stock Today?
Thu, 20 Nov 2014 14:18:00 GMT
DEERE & CO Files SEC form 8-K, Regulation FD Disclosure
Wed, 19 Nov 2014 14:00:51 GMT
US stock futures mildly lower after housing data
Wed, 19 Nov 2014 13:51:57 GMT
Warren Buffett’s Berkshire Hathaway adds Express Scripts, dumps Deere
Fri, 14 Nov 2014 22:21:28 GMT
Farm groups, ag tech companies agree on data privacy standards
Thu, 13 Nov 2014 20:04:22 GMT
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