DEERE & COMPANY

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
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High / Low range:	-

Type:	Stocks
Ticker:	DE
ISIN:

DEERE & COMPANY - Daily - Technical analysis published on 08/05/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

78%

17%

My opinion

Bullish above 325.50 USD

My targets

365.16 USD (+6.67%)

385.39 USD (+12.58%)

My analysis

The strong short-term increase of DEERE & COMPANY should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 325.50 USD, a purchase could be considered. The first bullish objective is located at 365.16 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 385.39 USD. If there is any crossing, the next objective would be the resistance at 436.86 USD. Caution, if there is a return under 325.50 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

3.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

DEERE & COMPANY rating 342.33 USD. The price registered a decrease of -0.02% on the session and was traded between 337.32 USD and 344.58 USD over the period. The price is currently at +1.49% from its lowest and -0.65% from its highest.

337.32

344.58

342.33

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of DEERE & COMPANY indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	289.14	304.64	325.50	342.33	365.16	385.39	436.86
Change (%)	-15.54%	-11.01%	-4.92%	-	+6.67%	+12.58%	+27.61%
Change	-53.19	-37.69	-16.83	-	+22.83	+43.06	+94.53
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	329.77	333.25	337.81	341.29	345.85	349.33	353.89
Camarilla	340.17	340.91	341.64	342.38	343.12	343.85	344.59
Woodie	330.32	333.52	338.36	341.56	346.40	349.60	354.44
Fibonacci	333.25	336.32	338.22	341.29	344.36	346.26	349.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	289.02	300.47	321.82	333.27	354.62	366.07	387.42
Camarilla	334.16	337.17	340.17	343.18	346.19	349.19	352.20
Woodie	293.98	302.95	326.78	335.75	359.58	368.55	392.38
Fibonacci	300.47	313.00	320.74	333.27	345.80	353.54	366.07

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	242.19	263.00	303.09	323.90	363.99	384.80	424.89
Camarilla	326.43	332.02	337.60	343.18	348.76	354.35	359.93
Woodie	251.83	267.82	312.73	328.72	373.63	389.62	434.53
Fibonacci	263.00	286.26	300.64	323.90	347.16	361.54	384.80

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	61.93
MACD (12,26,9):	6.4900
Directional Movement:	12.65
AROON (14):	92.86
DEMA (21):	331.43
Parabolic SAR (0,02-0,02-0,2):	333.53
Elder Ray (13):	11.08
Super Trend (3,10):	314.25
Zig ZAG (10):	341.55
VORTEX (21):	1.1800
Stochastique (14,3,5):	90.72
TEMA (21):	343.41
Williams %R (14):	-7.19
Chande Momentum Oscillator (20):	26.24
Repulse (5,40,3):	2.2100
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	23.56

MA7:	338.15
MA20:	318.56
MA50:	323.74
MA100:	360.00
MAexp7:	336.34
MAexp20:	325.50
MAexp50:	329.45
MAexp100:	343.32
Price / MA7:	+1.24%
Price / MA20:	+7.46%
Price / MA50:	+5.74%
Price / MA100:	-4.91%
Price / MAexp7:	+1.78%
Price / MAexp20:	+5.17%
Price / MAexp50:	+3.91%
Price / MAexp100:	-0.29%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on DEERE & COMPANY at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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