DEERE & COMPANY

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DE
ISIN:

DEERE & COMPANY - 1H - Technical analysis published on 11/21/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 425.09 USD

My targets

My analysis

DEERE & COMPANY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 425.09 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DEERE & COMPANY price is 439.65 USD. On the day, this instrument gained +8.57% and was traded between 410.96 USD and 439.86 USD over the period. The price is currently at +6.98% from its lowest and -0.05% from its highest.

410.96

439.86

439.65

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DEERE & COMPANY in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	413.33	417.33	425.09	439.65	439.78
Change (%)	-5.99%	-5.08%	-3.31%	-	+0.03%
Change	-26.32	-22.32	-14.56	-	+0.13
Level	Minor	Intermediate	Intermediate	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	392.45	396.55	400.75	404.85	409.05	413.15	417.35
Camarilla	402.68	403.44	404.20	404.96	405.72	406.48	407.24
Woodie	392.51	396.58	400.81	404.88	409.11	413.18	417.41
Fibonacci	396.55	399.72	401.68	404.85	408.02	409.98	413.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	373.84	380.44	389.69	396.29	405.54	412.14	421.39
Camarilla	394.59	396.04	397.50	398.95	400.40	401.86	403.31
Woodie	375.18	381.10	391.03	396.95	406.88	412.80	422.73
Fibonacci	380.44	386.49	390.23	396.29	402.34	406.08	412.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	370.05	383.29	393.99	407.23	417.93	431.17	441.87
Camarilla	398.11	400.30	402.50	404.69	406.89	409.08	411.27
Woodie	368.78	382.66	392.72	406.60	416.66	430.54	440.60
Fibonacci	383.29	392.44	398.09	407.23	416.38	422.03	431.17

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	85.88
MACD (12,26,9):	7.9600
Directional Movement:	47.21
AROON (14):	78.57
DEMA (21):	421.36
Parabolic SAR (0,02-0,02-0,2):	405.30
Elder Ray (13):	20.17
Super Trend (3,10):	421.01
Zig ZAG (10):	439.08
VORTEX (21):	1.2600
Stochastique (14,3,5):	96.30
TEMA (21):	427.45
Williams %R (14):	-0.80
Chande Momentum Oscillator (20):	37.42
Repulse (5,40,3):	3.8800
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	10.04

MA7:	404.46
MA20:	403.82
MA50:	405.66
MA100:	387.44
MAexp7:	424.73
MAexp20:	412.47
MAexp50:	405.38
MAexp100:	403.51
Price / MA7:	+8.70%
Price / MA20:	+8.87%
Price / MA50:	+8.38%
Price / MA100:	+13.48%
Price / MAexp7:	+3.51%
Price / MAexp20:	+6.59%
Price / MAexp50:	+8.45%
Price / MAexp100:	+8.96%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on DEERE & COMPANY at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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