RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DE
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Green day on Thursday for Deere & Company stock after gaining 0.391%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 13, 2024 Gain 8.42% PDF

The Deere & Company stock price gained 0.391% on the last trading day (Thursday, 28th Mar 2024), rising from $409.14 to $410.74. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.16% from a day low at $408.58 to a day high of $413.32. The price has risen in 9 of the last 10 days and is up by 8.02% over the past 2 weeks. Volume fell on the last day by -121 thousand shares and in total, 1 million shares were bought and sold for approximately $583.89 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -2.29% during the next 3 months and, with a 90% probability hold a price between $344.73 and $401.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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DE Signals & Forecast

Mostly positive signals in the chart today. The Deere & Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $401.00 and $377.85. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 22, 2024, and so far it has risen 15.12%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Deere & Company stock

On the downside, the stock finds support just below today's level from accumulated volume at $365.05 and $364.66. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Deere & Company finds support just below today's level at $365.05. If this is broken, then the next support from accumulated volume will be at $364.66 and $360.68.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.74 between high and low, or 1.16%. For the last week, the stock has had daily average volatility of 1.41%.

The Deere & Company stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $397.89 (-3.13%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 93 and this increases the risk substantially. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (DE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Deere & Company to open at $410.88, and during the day (based on 14 day Average True Range), to move between $404.49 and $416.99, which gives a possible trading interval of +/-$6.25 (+/-1.52%) up or down from last closing price. If Deere & Company takes out the full calculated possible swing range there will be an estimated 3.04% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $365.05, some $45.69 (11.12%) from the current price of $410.74, our system finds the risk reward attractive.

Is Deere & Company stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.884 Buy Candidate Unchanged

Predicted Opening Price for Deere & Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$410.88 ( 0.0341%) $410.74

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 415.62 1.19 %
R2 413.81 0.747 %
R1 412.69 0.475 %
Current price: 410.74
Support S1 409.07 -0.407 %
S2 407.95 -0.679 %
S3 406.14 -1.12 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 410.74
Support S1 365.05 -11.12%
S2 364.66 -11.22%
S3 360.68 -12.19%

DE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 28, 2024 Mar 27, 2024 May 08, 2024 $1.47 0.358%
2 Dec 06, 2023 Dec 29, 2023 Feb 08, 2024 $1.47 0.381%
3 Dec 06, 2023 Dec 28, 2023 Feb 08, 2024 $1.47 0.381%
4 Aug 30, 2023 Sep 28, 2023 Nov 08, 2023 $1.35 0.365%
5 May 31, 2023 Jun 29, 2023 Aug 08, 2023 $1.25 0.290%

FAQ

What is the symbol for Deere & Company Stock and on which exchange is it traded?
The symbol for Deere & Company is DE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Deere & Company Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Deere & Company Stock?
Deere & Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Deere & Company Stock.

What's the current price of Deere & Company Stock?
As of the end of day on the 2024-03-28, the price of an Deere & Company (DE) share was $410.74.

What is the 52-week high and low for Deere & Company Stock?
The 52-week high for Deere & Company Stock is $450.00 and the 52-week low is $345.55.

What is the market capitalization of Deere & Company Stock?
As of the 2024-03-28, the market capitalization of Deere & Company is 114.333B.

When is the next earnings date for Deere & Company?
The upcoming earnings date for Deere & Company is May 17, 2024.
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About Deere & Company

Deere & Company Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides ... DE Profile

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