• Return to Headlines

Next Resistance Level for Deere & Co (DE) is $146.65

By Amy Schwartz

Shares of Deere & Co (NYSE:DE) have bullishly opened above the pivot of $145.29 today and have reached the first resistance level of $145.75. Investors may be interested in a cross of the next upside pivot targets of $146.65 and $148.01.

Over the past year, Deere & Co has traded in a range of $128.32 to $169.99 and is now at $146.30, 14% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

Potential upside of 24.9% exists for Deere & Co, based on a current level of $146.30 and analysts' average consensus price target of $182.72. Deere & Co shares should first meet resistance at the 200-day moving average (MA) of $152.61 and find additional resistance at the 50-day MA of $160.41.

SmarTrend is monitoring the recent change of momentum in Deere & Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Deere & Co in search of a potential trend change.

Keywords: pivot alerts deere & co

Ticker(s): DE