Technical Analysis of Deere & Company (DE)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Deere & Company (NYSE:DE) for the period of 9-Day stands at 38.31% while the stochastic %D for the same period stands at 29.95%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Deere & Company (NYSE:DE) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Deere & Company (NYSE:DE) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Deere & Company (NYSE:DE)’s 20-Day Bollinger Band indicates “Hold”.

About Company

John Deere Company is an American corporation that manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains used in heavy equipment, and lawn care equipment. John Deere has developed a strategy to grow and sustain its successful global business. John Deere has capitalized on the opportunities presented by increasing population, prosperity, and urbanization. Today, broad trends based on population and income growth, especially in developing nations, are driving agricultural output and infrastructure investment. Further, technological advances and agricultural mechanization are expanding existing markets and opening new ones.

Previous Day Activity Analysis

On the last trading day, Deere & Company (NYSE:DE) opened the session at $141.8 and after going down -0.69% closed at $140.19. The stock lost -1.61 points in the last trade.

Deere & Company (NYSE:DE)’s stock fluctuated in the range of $139.86 and $140.24 during the previous active session. Deere & Company (NYSE:DE) traded with the volume of 1.58 Million with average volume of 2.81 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0.84 while ATR (Average True Range) and RSI (Relative Strength Index) are at 3.45 and 40.54 respectively.

Currently the Insider Ownership of the shares of Deere & Company (NYSE:DE) is at 0.2% and the shares outstanding are 324.2 Million.

Important Ratio Analysis

Some important ratios to consider here for Deere & Company (NYSE:DE) are discussed below:

Dividend yield of Deere & Company (NYSE:DE) stands at 1.97% whereas Price to Earnings P/E ratio stands at 17.41 while Forward P/E shows the value of 12.

The PEG ratio (Price to Earning to Growth) emits the value of 0.63. The Price to Sale P/S and Price to Book P/B shows the value of 1.36 and 4.37 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.82 and 0 correspondingly.

Return on Assets ROA of Deere & Company (NYSE:DE) is at 2.8% whereas, Return on Equity ROE and Return of Investment ROI of Deere & Company (NYSE:DE) stand at 19.3% and 6.5% respectively.

The payout ratio of Deere & Company (NYSE:DE) stands at 42.4%.

Stock Performance Analysis

The stock performance of Deere & Company (NYSE:DE) on the basis of 5 day trade show the jump of 0.39% whereas, the monthly performance of the stock shows decrease of -7.49%.

The quarterly performance of the stock remained in red zone with the value of -5.64% while six month performance of the shares of Deere & Company (NYSE:DE) remained bearish with the count of -11.28%.

The yearly and YTD performance of Deere & Company (NYSE:DE) remained mix at 12.2% and -10.43% respectively.