Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $157.50 short call and a strike $162.50 long call offers a potential 8.7% 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 $157.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $162.50 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 58.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Deere sues Precision Planting, AGCO claiming patent infringement
Fri, 01 Jun 2018 21:57:48 +0000
U.S. farm equipment maker Deere & Co on Friday sued Precision Planting LLC and AGCO Corp , accusing them of infringing on 12 of its patents. In filings to the U.S. district court in Delaware, Deere alleged …
Deere takes legal action to protect product patents
Fri, 01 Jun 2018 17:26:00 +0000
MOLINE, Ill. , June 1, 2018 /PRNewswire/ — Deere & Company (NYSE: DE) today took legal action against Precision Planting LLC and AGCO Corporation, claiming that the companies have infringed on 12 John …
The Latest: Trump says days of unfair trade deals 'are over'
Fri, 01 Jun 2018 06:41:57 +0000
WASHINGTON (AP) — The Latest on trade tensions involving the United States, the European Union, Mexico and Canada (all times local):
Deere Rewards Investors With 15% Quarterly Dividend Hike
Thu, 31 May 2018 13:37:01 +0000
Deere (DE) hikes quarterly dividend by 15%, backed by strong balance-sheet position and its continued efforts to boost shareholder wealth.
SWK’s Dividend Yield Is on the Rise: Is It Attractive Enough?
Thu, 31 May 2018 12:11:29 +0000
Industrial peers Honeywell (HON), Deere (DE), and Caterpillar (CAT) have dividend yields of 2.0%, 1.5%, and 2.1%, respectively. A dividend yield measures how much cash investors get in return for every dollar they invest in a company’s equity apart from possible capital gains. Before investing in a company, investors should check out its financials to see if it is strong enough to support and sustain its current and future dividend payments.
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