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Uptrend Call Working As Deere Stock Rises 25.5% (DE)

By James Quinn

SmarTrend identified an Uptrend for Deere (NYSE:DE) on October 10th, 2016 at $88.32. In approximately 5 months, Deere has returned 25.54% as of today's recent price of $110.88.

In the past 52 weeks, Deere share prices have been bracketed by a low of $70.16 and a high of $112.18 and are now at $110.88, 58% 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%.

Deere & Company manufactures and distributes a range of agricultural, construction and forestry, and commercial and consumer equipment. The Company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Deere shares.

Log in and add Deere (DE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Deere

Ticker(s): DE