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 10.13% return on risk over the next 12 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 $0.46 would be kept by the premium seller. The risk of $4.54 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 73.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Another lackluster session for major equities
Fri, 07 Nov 2014 21:28:00 GMT
An Agricultural Leader with Good Prospects
Thu, 30 Oct 2014 16:03:43 GMT
Move over Vespa… here comes Mahindra!
Tue, 28 Oct 2014 12:14:00 GMT
Deere & Company Shares May Lift A Little Further Before A Big Fall
Mon, 27 Oct 2014 20:01:34 GMT
Caterpillar: ‘Wait For a More Attractive Entry Point,' Raymond James Says
Mon, 27 Oct 2014 14:46:00 GMT
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