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Agricultural & Farm Machinery Industry Stocks Technical Analysis - DEArchive
- 3/21/2025 -
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Deere & Co. (DE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Deere & Co. (DE). During the week, the DE dropped -5.10 points, or -1.07%, and closed at 472.40 on Friday, March 21, 2025. Weekly volume was -19% below average.
 Long-term trend: [See DE long-term trend chart]
A long-term uptrend had started on October 8, 1998 at 13.78 and reached 515.10 on February 19, 2025. DE gained -501.32 points, or -3638.03%, in 1375 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (86.04) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See DE medium-term trend chart]
A medium-term uptrend had started on August 5, 2024 at 340.20 and reached 515.10 on February 19, 2025. DE gained -174.90 points, or -51.41%, in 28 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 433.65 and resistance is at 539.47. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See DE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since August 23, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See DE short-term trend chart]
A short-term uptrend had started on March 12, 2025 at 463.20 and reached 486.10 on March 17, 2025. DE gained -22.90 points, or -4.94%, in 5 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See DE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 24, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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