In its most recent trading session, Deere & Company (NYSE:DE) dropped by -0.7% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.657, an Accumulation/Distribution Index (ADI) of 1.657, an On-Balance Volume (OBV) of 570.243, and a Chaiikin Money Flow (CMF) of 176.86. 1.852
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Deere & Company (NYSE:DE). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.