DEERE & CO (DE) Stock Technical Analysis
USA - NYSE:DE - US2441991054 - Common Stock
Taking everything into account, DE scores 2 out of 10 in our technical rating. DE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
DE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 451.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
434.71
When analyzing the support we notice one important area.
- A support zone ranging from 439.10 to 451.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 464.98 to 481.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @509.27 from a horizontal line in the daily time frame.
- Resistance @531.48 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 | NEUTRAL | NEUTRAL | The short term trend for DE is neutral. |
| ChartMill Relative Strength | 49.84 | NEUTRAL | DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.55 | NEUTRAL | The RSI value for DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.69 | NEUTRAL | The Stochastics value for DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for DE suggests a possible start of a new trend. |
461.63
-3.78 (-0.81%)
DEERE & CO / DE FAQ
What is the technical rating for DE stock?
ChartMill assigns a technical rating of 2 / 10 to DE.
What is the trend direction for 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 47.5458. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DEERE & CO?
The short term momentum for DEERE & CO (DE) is neutral.