Volatility Contraction Sets Up DE Move Near $468.93
NeutralDeere & Co (DE) closed up 0.32% at $468.93 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($471.63) and 21-day ($473.46) EMAs, suggesting short-term weakness.
Momentum
RSI at 46.1 is in neutral territory. MACD is bearish (-0.82 vs signal 0.72).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.