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Takip Edin: @UscMarketsDE Stock Forecast & Deere & Company Chart Analysis
This article provides a detailed analysis of DE-Deere & Company stock including a forecast for DE shares. It features Deere & Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
DE Historical Data Review
DE Current Price Performance Analysis
The Deere & Company - DE stock traded on the American stock market, on 06-05-2024, closed at 370.99$ with a %0.44 increased compared to the previous day.
In the last month, the price of DE changed by %-7.68 decreased in value, from 401.84 dollars on 05-06-2024 to 370.99 dollars, decreased.
Last year, the price of DE was 373.69 dollars on 06-06-2023, and changed by %-0.72 decreased in value, to 370.99 dollars decreased within a year.
The price of Deere & Company stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
DE with AI Stock Forecast & Price Target
On the DE chart Deere & Company price was recorded as 370.99 Dollars on 06/05/2024.
The artificial intelligence's forecast on DE stock is as follows.
The artificial intelligence's prediction error margin for DE stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Deere & Company stock over the next 4 months is: 356.0 Dollars.
The commentary on DE stock Target Price: Highest: 387.456 Dollars is predicted.
The commentary on DE stock Target Price: Lowest: 325.941 Dollars is predicted.
Resistance Price where Deere & Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 346.213 |
| 12-17-2024 | 368.250 |
| 02-10-2025 | 365.478 |
Support Price where Deere & Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 343.384 |
| 11-07-2024 | 332.827 |
| 01-16-2025 | 362.886 |
The commentary on DE stock: The target price can generally be said to be on the decline.
The commentary on DE stock: Fluctuations in the target price can be expected in the coming days.
The target price for Deere & Company stock by the end of 2024 is predicted to be 367.922 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DE stock, and the 2024 target price predictions for Deere & Company are detailed above.
The technical analysis and charts for the commentary on DE stock are below.
DE Support & Resistance and Trend Analysis
DE stock you have reviewed the technical analysis support resistance charts regarding.
DE : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DE review, the Deere & Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Deere & Company Support and Resistance Prices:
| DE Support Level Price | DE Resistance Level Price |
|---|---|
| 353.15 | 385.31 |
| 355.60 | 395.33 |
| 355.66 | 398.77 |
| 376.22 | 405.62 |
| 383.77 | 406.58 |
| 410.49 | |
| 414.80 | |
| 417.47 |
DE Technical Analysis: SMA, RSI, MACD
Upon reviewing the DE chart, buy and sell signals have been generated in the Deere & Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for DE stock are as follows:- DE technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Deere & Company gave a 'Buy' signal when the RSI was at 27.197, with the current RSI value at 20.732.
- The technical analysis for Deere & Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Deere & Company stock: Click here to read more predictions on Rolls-Royce Holdings plc stock.
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