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) rose in the intraday levels while seeking to pierce the pivotal resistance of 438.00, amid the dominance of the upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 490.00, provided the resistance of 438.00 was breached.
Expected trend for today: Bullish