Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 7.3% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $80.00 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 71.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
The Portfolio For Early Retirees
Wed, 18 Dec 2013 19:28:17 GMT
Seeking Alpha – General thoughts If you are close to retiring early or have already jumped the fence, you face a series of financial problems:
John Deere and BASF Partner to Develop Yield Enhancement Solutions
Wed, 18 Dec 2013 18:28:36 GMT
noodls – MANNHEIM and LIMBURGERHOF, Germany (December 18, 2013) – John Deere and BASF today announced plans to jointly develop a suite of integrated precision farming and farm management solutions for improved …
John Deere Pavilion Unveils New Exhibit with Tango E5 Demonstration
Wed, 18 Dec 2013 18:28:34 GMT
noodls – MOLINE, Illinois (December 18, 2013) – The John Deere Pavilion, Deere & Company's visitor center in downtown Moline, Ill., today unveiled a new exhibit showcasing the company's innovation in lawn care …
Dow Chemical Unit, John Deere Team Up
Wed, 18 Dec 2013 17:20:04 GMT
Zacks – Dow's unit and John Deere have collaborated to help farmers get more value per acre through expert analysis of production data.
How To Approach A Cheap Stock In A Pricey Market: The Case Of Deere
Wed, 18 Dec 2013 15:23:52 GMT
Seeking Alpha – Deere ( DE ) is a cheap stock. There is just no getting around it. Pretty much every manner of measurement by every source of data says the same thing. It is cheap on price to earnings, book, sales, and …
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