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Deere & Co Crosses Above its 10-day MA (DE)

By Amy Schwartz

Today, shares of Deere & Co (NYSE:DE) have advanced above their 10-day MA of $163.76 on a volume of 153K 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.

Deere & Co share prices have moved between a 52-week high of $169.99 and a 52-week low of $128.32 and are now trading 28% above that low price at $164.45 per share. The 200-day and 50-day moving averages have moved 0.17% higher and 0.12% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Deere & Co on June 6th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $146.01. Since that recommendation, shares of Deere & Co have risen 11.8%. We continue to monitor DE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses deere & co

Ticker(s): DE