DEERE & CO (DE) Technical Analysis
NYSE:DE • US2441991054
Current stock price
605 USD
-13 (-2.1%)
At close:
605 USD
0 (0%)
After Hours:
DE Technical Rating and Analysis
Overall DE gets a technical rating of 8 out of 10. Both in the recent history as in the last year, DE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that DE is one of the better performing stocks in the market, outperforming 82% of all stocks.
- DE is one of the better performing stocks in the Machinery industry, it outperforms 71% of 131 stocks in the same industry.
- DE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DE is lagging the market slightly.
- In the last month DE has a been trading in the 549.68 - 618.95 range, which is quite wide. It is currently trading near the high of this range.
- DE has an average volume of 1660290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DE Weekly and Daily overview Charts
DE Setup Rating and Analysis
Although DE has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
DE Support and Resistance Analysis
457.01
611.05
4 important support areas can be observed.
- A support zone ranging from 555.49 to 588.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @497.80 from a trend line in the daily time frame.
- A support zone ranging from 481.51 to 489.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @461.63 from a horizontal line in the daily time frame.
DE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DE is neutral. |
| ChartMill Relative Strength | 82.44 | POSITIVE | DE has a high relative strength, it outperformed 82.44% off all stocks 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) | 65.18 | NEUTRAL | The RSI value for DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.6 | POSITIVE | The MACD value suggests DE has a positive trend. |
| Stochastics (14,3) | 87.4 | OVERBOUGHT | The high Stochastics value suggests DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for DE suggests a possible start of a new trend. |
DE Chart- and CandleStick Pattern Analysis
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)
DE Technicals: Chart, Performance Metrics, Trend & Indicators
605
-13 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.1%
1 Week8.29%
2 Weeks6.92%
1 Month4.03%
3 Month26.62%
6 Month38.46%
12 Month34.6%
2 Year57.89%
3 Year63.48%
5 Year66.64%
10 Year634.75%
15 Year533.85%
Volatility
ATR(14)17.21
ATR(20)%2.59%
ATR Inc45.02%
Range Today18.18
ADR(20)14.95
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.44
3 months CRS93.51
6 months CRS91.53
Mansfield1.51
10 Day High618.95
10 Day Low549.68
20 Day High618.95
20 Day Low549.68
52 Week High674.19
52 Week Low433
CS1 End588.25
CR1 StartN/A
Volume & EV
DER(3)0.94%
DER(5)0.98%
Volume1.26M
Volume Incr-17.34%
Vol(5)1.17M
Vol(50)1.66M
DEERE & CO / DE TA FAQ
What is the technical rating for DE stock?
ChartMill assigns a technical rating of 8 / 10 to DE.
What is the current trend direction of DEERE & CO (DE) stock?
The current trend direction for DEERE & CO (DE) is Bullish.
What is the RSI signal for DE stock?
DEERE & CO (DE) has an RSI value of 65.1816. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DEERE & CO?
DEERE & CO (DE) has a support level at 588.25. Check the full technical report for our detailed analysis of DE support and resistance levels.