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 5.26% return on risk over the next 22 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 $0.25 would be kept by the premium seller. The risk of $4.75 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 77.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
1 Thing Investors Should Watch in 2014
Sat, 28 Dec 2013 00:13:58 GMT
Motley Fool – The new year is upon us. Here's something this Fool analyst thinks every investor should have on his or her radar this year.
Undervalued Deere Earns A Spot In The Incomers Portfolio
Thu, 26 Dec 2013 20:50:01 GMT
Seeking Alpha – In my Incomers Portfolio Introduction, I provided my current holdings in my Dividend Growth Portfolio (“DGP”) as well as my DGP guidelines. In this article, I will provide my reasoning for starting …
5 Stocks Going Ex-Dividend Tomorrow: FTF, BIT, PWE, FMC, DE
Thu, 26 Dec 2013 15:00:00 GMT
TheStreet – FTF BIT PWE FMC DE are going ex-dividend tomorrow, Friday, Dec. 27, 2013, 5:00 AM ET
How Brazil Will Affect Deere
Wed, 25 Dec 2013 11:54:24 GMT
Seeking Alpha – For Deere ( DE ) , Brazil has been the major growth country over the past few years. Net sales for Deere from Latin America has increased at a compound annual rate of 18% from 2007 to 2012, and its Brazilian …
Neutral Stance on Deere
Tue, 24 Dec 2013 17:00:04 GMT
Zacks – On Dec 20, we reiterated our Neutral recommendation on Deere & Company.
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