BOEING CO/THE (BA) Stock Technical Analysis
NYSE:BA - New York Stock Exchange, Inc. - US0970231058 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BA has a been trading in the 195.28 - 218.80 range, which is quite wide. It is currently trading near the high of this range.
BA has an average volume of 8659460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BA is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BA is an average performer in the Aerospace & Defense industry, it outperforms 48% of 65 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BA has an excellent technical rating, it does not offer a high 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.
More info and screens
136.76
219.70
We found 2 important support areas.
- A support zone ranging from 197.67 to 200.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @138.14 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 215.93 to 217.52. 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 | 86.55 | POSITIVE | BA has a high relative strength, it outperformed 86.55% 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) | 63.19 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests BA has a positive trend. |
| Stochastics (14,3) | 82.42 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for BA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
215.92
+3.89 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.83%
1 Week6.59%
2 Weeks9.23%
1 Month1.86%
3 Month58.08%
6 Month27.09%
12 Month16.82%
2 Year-9.6%
3 Year35.53%
5 Year36.66%
10 Year49.77%
15 Year216.88%
Volatility
ATR(14)5.7
ATR(20)%2.71%
ATR Inc0.79%
Range Today6.01
ADR(20)5.25
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.55
Mansfield1.49
10 Day High217.68
10 Day Low197.45
20 Day High218.8
20 Day Low195.28
52 Week High218.8
52 Week Low128.88
CS1 End200.35
CR1 Start215.93
Volume & EV
DER(3)3.43%
DER(5)3.23%
Volume4.48M
Volume Incr-12.45%
Vol(5)8.04M
Vol(50)8.66M