Bullish Moving Average Cross by Deere (DE)
Today, shares of Deere (NYSE:DE) have advanced above their 10-day MA of $78.23 on a volume of 4.2 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Deere share prices have been bracketed by a low of $70.16 and a high of $98.23 and are now at $80.60, 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.5%.
SmarTrend is tracking the current trend status for Deere and will alert subscribers who have DE in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Deere