DEERE & CO (DE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DE - US2441991054 - Common Stock
We assign a technical rating of 6 out of 10 to DE. DE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
DE has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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441.88
We found 1 important support area.
- A support zone ranging from 446.34 to 481.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @495.99 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DE is up. |
| ChartMill Relative Strength | 60.22 | NEUTRAL | DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.52 | POSITIVE | The MACD value suggests DE has a positive trend. |
| Stochastics (14,3) | 76.26 | NEUTRAL | The Stochastics value for DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.27 | NEGATIVE | The low ADX value for DE suggests a weak or negative trend. |
490.74
+2.66 (+0.54%)
DEERE & CO / DE FAQ
What is the technical rating for DE stock?
ChartMill assigns a technical rating of 6 / 10 to DE.
What is the current trend direction of DEERE & CO (DE) stock?
The current trend direction for DEERE & CO (DE) is Bearish.
Can you provide the RSI signal for DEERE & CO?
DEERE & CO (DE) has an RSI value of 57.7894. This indicates that the stock is currently neutral.
What is the MACD signal for DEERE & CO (DE) stock?
The MACD indicator for DEERE & CO (DE) has a value of 2.5181, indicating a bullish trend.
What are the support and resistance levels for DEERE & CO (DE) stock?
DEERE & CO (DE) has a support level at 481.51 and a resistance level at 495.99. Check the full technical report for our detailed analysis of DE support and resistance levels.