Deere earnings beat estimates as construction demand offsets farm slump
Deere's earnings exceeded market expectations, with construction demand offsetting the agricultural downturn.
On 2026-09-04, the closing price of 693.53 was judged to be positioned above the low of 685.48 while below the previous high of 705.88, indicating that the upward trend continues. Based on positive earnings catalysts and a 1.54-fold increase in trading volume, along with RSI 41.2 (not oversold), buying was considered.
If the stock price reaches $643.99, take profits; if it drops to $579.31, cut losses. These two prices are REPORTING output values, and no separate technical basis is provided.
RSI(14)=41.2 (Neutral), Moving average golden cross (upward trend), Trading volume 1.54 times the 20-day average, Recent 7-day change rate -4.7% (slight decline)
The actual 19.4% rise significantly exceeded the predicted return of 2.5%. Although profit catalysts, a surge in trading volume, and an upward candle flow were precisely captured, the target price and stop-loss settings were revealed to be conservative.
Going forward, upon similar earnings announcements, continuously monitor trading volume and moving average alignment, and aggressively adjust target price settings while re-evaluating risk management (stop-loss) in accordance with the current situation.