BOEING CO/THE (BA) Stock Technical Analysis
USA - NYSE:BA - US0970231058 - Common Stock
Overall BA gets a technical rating of 6 out of 10. In the last year, BA was one of the better performers, but we do observe some doubts in the very recent evolution.
BA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 219.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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138.79
We found 3 important support areas.
- A support zone ranging from 215.85 to 219.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 210.72 to 212.09. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 231.93 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 | NEUTRAL | NEUTRAL | The short term trend for BA is neutral. |
| ChartMill Relative Strength | 79.99 | POSITIVE | BA has a high relative strength, it outperformed 79.99% 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) | 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) | 55.47 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests BA has a positive trend. |
| Stochastics (14,3) | 50.93 | NEUTRAL | The Stochastics value for BA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.67 | NEGATIVE | The low ADX value for BA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 221.75 | 215.84 | 5.91 (2.67%) | 25.00% |
| An entry @221.75. This is a Buy Stop order right above the 10 day high. | An exit @215.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.91 points, which is 2.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of BA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
221.35
+3.58 (+1.64%)
BOEING CO/THE / BA FAQ
Can you provide the ChartMill technical rating for BOEING CO/THE?
ChartMill assigns a technical rating of 6 / 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 Bullish.
Can you provide the RSI signal for BOEING CO/THE?
BOEING CO/THE (BA) has an RSI value of 55.4657. 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 neutral.
What are the support and resistance levels for BOEING CO/THE (BA) stock?
BOEING CO/THE (BA) has a support level at 219.75 and a resistance level at 231.93. Check the full technical report for our detailed analysis of BA support and resistance levels.