How the price action of Deere ($DE) is used to our Advantage
August 25, 2023, 15:30 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DE
- Buy DE slightly over 374.19 target 412.31 stop loss @ 373.11 Details
The technical summary data tells us to buy DE near 374.19 with an upside target of 412.31. This data also tells us to set a stop loss @ 373.11 to protect against excessive loss in case the stock begins to move against the trade. 374.19 is the first level of support below 391.31 , and by rule, any test of support is a buy signal. In this case, support 374.19 would be being tested, so a buy signal would exist.
- Short DE slightly under 412.31, target 374.19, stop loss @ 413.5 Details
The technical summary data is suggesting a short of DE as it gets near 412.31 with a downside target of 374.19. We should have a stop loss in place at 413.5though. 412.31 is the first level of resistance above 391.31, and by rule, any test of resistance is a short signal. In this case, if resistance 412.31 is being tested, so a short signal would exist.
Swing Trading Plans for DE
- Buy DE slightly over 392.92, target 412.31, Stop Loss @ 391.79 Details
If 392.92 begins to break higher, the technical summary data tells us to buy DE just slightly over 392.92, with an upside target of 412.31. The data also tells us to set a stop loss @ 391.79 in case the stock turns against the trade. 392.92 is the first level of resistance above 391.31, and by rule, any break above resistance is a buy signal. In this case, 392.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DE slightly near 392.92, target 374.21, Stop Loss @ 394.05. Details
The technical summary data is suggesting a short of DE if it tests 392.92 with a downside target of 374.21. We should have a stop loss in place at 394.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 392.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DE
- Buy DE slightly over 392.92, target 412.31, Stop Loss @ 392 Details
If 392.92 begins to break higher, the technical summary data tells us to buy DE just slightly over 392.92, with an upside target of 412.31. The data also tells us to set a stop loss @ 392 in case the stock turns against the trade. 392.92 is the first level of resistance above 391.31, and by rule, any break above resistance is a buy signal. In this case, 392.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DE slightly near 392.92, target 390.20, Stop Loss @ 393.84. Details
The technical summary data is suggesting a short of DE if it tests 392.92 with a downside target of 390.20. We should have a stop loss in place at 393.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 392.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Deere (DE) available here: DE.
DE Ratings for August 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Neutral |
| P1 |
0 |
0 |
374.19 |
| P2 |
376.94 |
374.21 |
412.31 |
| P3 |
390.20 |
392.92 |
449.33 |
AI Generated Signals for DE
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Deere (NYSE: DE) data table below can help you with price action, and we have more details too. Trading plans for DE are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DE:
pool ads
