BOEING CO/THE (BA) Stock Technical Analysis
USA - NYSE:BA - US0970231058 - Common Stock
Overall BA gets a technical rating of 2 out of 10. Although BA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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138.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 200.07 to 201.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @140.19 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 213.85 to 214.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 219.53 to 225.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @231.26 from a trend line in the weekly time frame.
- Resistance @236.41 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BA is down. |
| ChartMill Relative Strength | 73.94 | POSITIVE | BA has a high relative strength, it outperformed 73.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BA is below a declining 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) | 38.25 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.43 | NEGATIVE | The MACD value suggests BA has a negative trend. |
| Stochastics (14,3) | 11.05 | OVERSOLD | The low Stochastics value suggests BA may be oversold. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for BA suggests a weak or negative trend. |
204.55
+3.53 (+1.76%)
BOEING CO/THE / BA FAQ
Can you provide the ChartMill technical rating for BOEING CO/THE?
ChartMill assigns a technical rating of 2 / 10 to BA.
What is the current trend direction of BOEING CO/THE (BA) stock?
The current trend direction for BOEING CO/THE (BA) is Bearish.
Can you provide the RSI signal for BOEING CO/THE?
BOEING CO/THE (BA) has an RSI value of 38.2476. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BOEING CO/THE?
The short term momentum for BOEING CO/THE (BA) is negative.
What are the support and resistance levels for BOEING CO/THE (BA) stock?
BOEING CO/THE (BA) has a support level at 201.01 and a resistance level at 213.85. Check the full technical report for our detailed analysis of BA support and resistance levels.