BOEING CO/THE (BA) Technical Analysis
NYSE:BA • US0970231058
Current stock price
BA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BA. BA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month BA has a been trading in the 192.54 - 236.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BA has an average volume of 7596460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, BA turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- BA is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, BA did better than 40% of them.
- BA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BA is lagging the market slightly.
BA Weekly and Daily overview Charts
BA Setup Rating and Analysis
The technical rating of BA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BA Support and Resistance Analysis
177.32
When analyzing the support we notice one important area.
- A support zone ranging from 179.11 to 179.69. 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 219.18 to 225.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BA Technical Indicator Signal Analysis
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 | 50.49 | NEUTRAL | BA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.5 | OVERSOLD | The low RSI value suggests BA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.34 | NEGATIVE | The MACD value suggests BA has a negative trend. |
| Stochastics (14,3) | 7.81 | OVERSOLD | The low Stochastics value suggests BA may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.36 | POSITIVE | The high ADX value value for BA suggests a strong trend. |
BA Chart- and CandleStick Pattern Analysis
BA Technicals: Chart, Performance Metrics, Trend & Indicators
195.12
-6.06 (-3.01%)
BOEING CO/THE / BA TA FAQ
What is the ChartMill technical rating of BOEING CO/THE (BA) stock?
ChartMill assigns a technical rating of 1 / 10 to BA.
What is the trend direction for 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 28.5017. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for BOEING CO/THE?
BOEING CO/THE (BA) has a support level at 179.69 and a resistance level at 219.18. Check the full technical report for our detailed analysis of BA support and resistance levels.