BOEING CO/THE (BA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BA - US0970231058 - Common Stock
We assign a technical rating of 8 out of 10 to BA. BA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although BA has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
183.86
We found 2 important support areas.
- Support @198.71 from a horizontal line in the daily time frame.
- A support zone ranging from 185.72 to 187.54. 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 | 80.39 | POSITIVE | BA has a high relative strength, it outperformed 80.39% 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) | 65.44 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests BA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.44 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for BA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.09 | POSITIVE | The high ADX value value for BA suggests a strong trend. |
217.12
-1.38 (-0.63%)
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 65.4375. This indicates that the stock is currently neutral.
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.