Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 9.65% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Deere is bullish.
The RSI indicator is at 57.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Business Highlights
Thu, 04 Dec 2014 23:19:54 GMT
AP – ___ Can low oil prices be good for the environment? Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar sands of Canada are …
Deere completes acquisition of Auteq Telematica
Thu, 04 Dec 2014 15:00:00 GMT
PR Newswire – MOLINE, Ill., Dec. 4, 2014 /PRNewswire/ — Deere & Company (DE) has fully acquired Auteq Telematica, an onboard software and computer company located in Sao Paulo, Brazil. Deere had previously created a joint venture with Auteq in 2009 to provide integrated, innovative technologies and solutions for sugarcane production. The acquisition provides John Deere additional specialization in the sugarcane market and further capability to develop products and services to help customers leverage the data produced by onboard computers in equipment used for planting, crop care and harvesting in sugarcane production. “The acquisition of Auteq is another step to solidify our growth strategy in the sugarcane segment,” said Paulo Herrmann, president of John Deere Brasil.
Deere completes acquisition of Auteq Telematica
Thu, 04 Dec 2014 15:00:00 GMT
CNW Group – Deere completes acquisition of Auteq Telematica
Deere & Company Announces Quarterly Dividend
Wed, 03 Dec 2014 15:01:00 GMT
PR Newswire – MOLINE, Ill., Dec. 3, 2014 /PRNewswire/ — The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.60 per share on common stock, payable February 2, 2015, to stockholders …
Deere & Company Announces Quarterly Dividend
Wed, 03 Dec 2014 15:01:00 GMT
CNW Group – Deere & Company Announces Quarterly Dividend
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