Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Deere & Company's stock (DE) fell in the intraday levels amid negative pressure from the 50-day SMA, while leaning on the upward short-term trend line, with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 438.00, provided the support of 392.93 holds on.
Expected trend for today: Bullish