DE
About Deere & Co (DE)
Deere & Co, trading under the ticker DE, is a leading global manufacturer of agricultural, construction, and forestry machinery. Founded in 1837, the company has established itself as a key player in the industrial sector, known for its iconic green and yellow equipment. DE operates primarily through segments like Agriculture & Turf and Construction & Forestry, providing machinery that supports food production and infrastructure development worldwide. Its products range from tractors and combines to excavators and forestry equipment, making it integral to global supply chains and economic activities.
Key Characteristics
Deere & Co is listed on the New York Stock Exchange (NYSE) under the symbol DE. As an industrial stock, it falls within the machinery and equipment manufacturing sector. The company has a significant market presence, with operations spanning over 30 countries. Key metrics for DE include its revenue streams from equipment sales, financial services, and parts distribution, which contribute to its position as a major industrial firm on the NYSE.
Factors Influencing Price
The price of DE stock can be influenced by various factors. Macroeconomic conditions, such as global agricultural commodity prices and construction demand, play a role, as they affect equipment purchases. Industry-specific factors include technological advancements in precision farming and regulatory changes in environmental standards. Additionally, company performance metrics like quarterly earnings, order backlogs, and competitive dynamics within the machinery sector can impact investor sentiment and stock valuation.
Analysis Methodology
Trading Way analyzes DE using AI models like BiLSTM, CNN, and Attention mechanisms to process historical price data and market indicators. This approach helps identify patterns and generate analytical levels, such as entry points and support/resistance. The analysis incorporates factors like trading volume and sector trends, but it's important to note that forecasts are probabilistic and subject to market uncertainties, not guarantees.
Analysis on Trading Way
On Trading Way, users can access AI-powered forecasts for DE, including calculated levels for potential entry, take-profit, and stop-loss. The platform offers price charts with historical data, pivot points for support and resistance, and analytical signals with notifications. Trading Way provides this analytics for educational purposes only and does not offer investment, brokerage, or advisory services.
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