Basic Information:
DE closed at $587.30, down 1.21% on the day. The stock has shown solid performance recently:
The stock is in neutral technical territory with an RSI of 50.31.
Deere demonstrates solid overall quality with a Total Score of 72.7 (as of April 22):
| Score Type | Value | Interpretation |
|---|---|---|
| Total Score | 72.7 | Above average overall |
| Momentum | 75.4 | Strong - trending higher |
| Growth | 57.5 | Moderate growth profile |
| Quality | 55.2 | Decent fundamentals |
| Value | 50.6 | Fair valuation |
The momentum score has strengthened recently, rising from 57.1 on March 31 to 75.4 currently, indicating improving price trends and technical strength.
Short interest in DE remains relatively low:
Trend: Short interest has declined significantly over the past month:
Short sellers have been covering positions steadily. The low cost to borrow and high availability suggest minimal short-side conviction. The short score of 32.5 indicates below-average short interest pressure.
Options activity shows neutral sentiment with a slight bullish tilt:
The PCR has declined from 1.09 in mid-March to current levels, indicating improving sentiment as more call volume relative to puts suggests growing bullish positioning.
Valuation Metrics:
Financial Performance:
Analyst Outlook:
DE shows strong year-to-date performance (+26%) with solid ORTEX scores, particularly in momentum (75.4). Short interest is minimal and declining, while options sentiment has turned more bullish. The company maintains healthy cash flow generation and analysts see modest upside from current levels. The agricultural equipment giant appears to be in a positive technical and fundamental position heading into its Q2 earnings on May 21.
This is not financial advice. Always do your own research before making investment decisions.
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