BOEING CO/THE (BA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BA - US0970231058 - Common Stock
Overall BA gets a technical rating of 8 out of 10. In the last year, BA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although BA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
184.65
We found 2 important support areas.
- Support @198.71 from a horizontal line in the daily time frame.
- A support zone ranging from 186.52 to 188.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 235.27 to 237.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BA is up. |
| ChartMill Relative Strength | 81.07 | POSITIVE | BA has a high relative strength, it outperformed 81.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.96 | OVERBOUGHT | The high RSI value suggests BA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.71 | POSITIVE | The MACD value suggests BA has a positive trend. |
| Stochastics (14,3) | 94.4 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for BA suggests low volalility. |
| Average Directional Index/ADX (14) | 40.2 | POSITIVE | The high ADX value value for BA suggests a strong trend. |
229.84
+1.71 (+0.75%)
BOEING CO/THE / BA FAQ
What is the ChartMill technical rating of BOEING CO/THE (BA) stock?
ChartMill assigns a technical rating of 8 / 10 to BA.
What is the trend direction for BA stock?
The current trend direction for BOEING CO/THE (BA) is Bullish.
Can you provide the RSI signal for BOEING CO/THE?
BOEING CO/THE (BA) has an RSI value of 75.9599. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for BOEING CO/THE?
The buy/sell signal for BOEING CO/THE (BA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BA stock?
BOEING CO/THE (BA) has a support level at 198.71 and a resistance level at 235.27. Check the full technical report for our detailed analysis of BA support and resistance levels.