Deere Crosses Above its 10-day MA (DE)
Deere (NYSE:DE) crossed over its 10-day moving average of $80.59 on a volume of 513K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Deere share prices have moved between a 52-week high of $98.23 and a 52-week low of $70.16 and are now trading 15% above that low price at $80.77 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.5%.
SmarTrend is monitoring the recent change of momentum in Deere. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Deere in search of a potential trend change.
Keywords: moving crosses Deere