BOEING CO/THE (BA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BA - US0970231058 - Common Stock
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.
Although BA has an excellent technical rating, it does not present a decent entry opportunity 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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185.44
2 important support areas can be observed.
- A support zone ranging from 224.51 to 227.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 187.31 to 188.84. 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 | 82.85 | POSITIVE | BA has a high relative strength, it outperformed 82.85% 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) | 76.14 | OVERBOUGHT | The high RSI value suggests BA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests BA has a positive trend. |
| Stochastics (14,3) | 84.71 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 43.09 | POSITIVE | The high ADX value value for BA suggests a strong trend. |
234.53
+7.15 (+3.14%)
BOEING CO/THE / BA FAQ
What is the ChartMill technical rating of BOEING CO/THE (BA) stock?
ChartMill assigns a technical rating of 9 / 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 76.1411. This indicates that the stock is currently overbought.
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 227.37 and a resistance level at 235.27. Check the full technical report for our detailed analysis of BA support and resistance levels.