Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $89.00 short call and a strike $94.00 long call offers a potential 9.17% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $89.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock rose above the $94.00 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 27.98 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
Deere: A Cheap Dividend Stock With Potential
Fri, 11 Jul 2014 05:07:56 GMT
Deere Gets Tax Break for its Waterloo Engineering Center
Thu, 10 Jul 2014 19:45:08 GMT
Agriculture industry seeks to create right to farm
Thu, 10 Jul 2014 19:32:50 GMT
This Company Makes Caterpillar Look Expensive
Thu, 10 Jul 2014 19:02:48 GMT
Deere Is Cheap And Attractive
Thu, 10 Jul 2014 09:19:20 GMT
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