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Can Deere (DE) Continue to Rise?

Zacks Equity Research

Although Deere & Company (DE) is up over 6.1% in the past four weeks, investors may be concerned. After all, DE is now in overbought territory, at least when looking at its RSI value of 70.8. If that wasn’t enough, investors should also note that Deere possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in DE shares before too long.

DEERE & CO (DE): Free Stock Analysis Report

Zacks Investment Research