Deere's most recent trend suggests a bearish bias. One trading opportunity on Deere is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 9.89% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $90.00 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 32.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
[$$] The World's Worries Get a Brush-off
Sat, 30 Aug 2014 07:07:00 GMT
Commodities raise more red flags
Fri, 29 Aug 2014 15:39:06 GMT
Agco Gets an Upgrade, Deere Still Underwhelms
Fri, 29 Aug 2014 14:04:00 GMT
DEERE & CO Files SEC form 10-Q, Quarterly Report
Thu, 28 Aug 2014 17:10:23 GMT
Deere (DE) Declares Quarterly Dividend
Wed, 27 Aug 2014 18:36:00 GMT
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