DEERE & CO (DE) Stock Technical Analysis
NYSE:DE - US2441991054 - Common Stock
487.76 USD
-0.14 (-0.03%)
487.76 USD
0 (0%)
We assign a technical rating of 1 out of 10 to DE. 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.
In the last month DE has a been trading in the 470.50 - 526.56 range, which is quite wide. It is currently trading near the lows of this range.
DE has an average volume of 1281780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, DE outperforms 69% of them, which is more or less in line with the market.
DE is an average performer in the Machinery industry, it outperforms 56% of 127 stocks in the same industry.
DE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DE is lagging the market.
Although the technical rating is bad, DE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 487.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
404.48
536.80
We found 4 important support areas.
- A support zone ranging from 478.83 to 487.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 461.77 to 466.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @436.05 from a trend line in the daily time frame.
- Support @408.57 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 499.98 to 509.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @520.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 531.48 to 531.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for DE is down. |
| ChartMill Relative Strength | 69.27 | NEUTRAL | DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DE is below 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 | POSITIVE | The current price of DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.8 | NEUTRAL | The Stochastics value for DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
487.76
-0.14 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.03%
1 Week-0.34%
2 Weeks-3.58%
1 Month-4.83%
3 Month-3.65%
6 Month1.45%
12 Month26.45%
2 Year18.69%
3 Year33.54%
5 Year132.2%
10 Year496.43%
15 Year670.92%
Volatility
ATR(14)13.96
ATR(20)%2.87%
ATR Inc-30.16%
Range Today10.37
ADR(20)12.02
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.27
Mansfield-0.37
10 Day High514.53
10 Day Low470.5
20 Day High526.56
20 Day Low470.5
52 Week High533.78
52 Week Low378.66
CS1 End487.75
CR1 Start499.98
Volume & EV
DER(3)3.43%
DER(5)3.04%
Volume1.50M
Volume Incr-21.49%
Vol(5)1.13M
Vol(50)1.28M