BOEING CO/THE (BA) Stock Technical Analysis
NYSE:BA - US0970231058 - Common Stock
229.61 USD
-1.14 (-0.49%)
228.8 USD
-0.81 (-0.35%)
Overall BA gets a technical rating of 9 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BA is one of the better performing stocks in the market, outperforming 83% of all stocks.
BA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BA is lagging the market slightly.
In the last month BA has a been trading in the 223.60 - 238.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BA has an average volume of 7047100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BA is part of the Aerospace & Defense industry. There are 69 other stocks in this industry, BA did better than 60% of them.
BA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
138.79
239.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 221.84 to 222.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 197.67 to 198.74. 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.
We found 1 important resistance area.
- A resistance zone ranging from 230.55 to 237.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 83.68 | POSITIVE | BA has a high relative strength, it outperformed 83.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BA is below 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) | 49.72 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests BA has a negative trend. |
| Stochastics (14,3) | 49.65 | NEUTRAL | The Stochastics value for BA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.21 | 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)
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 |
|---|---|---|---|
| 237.40 | 225.23 | 12.17 (5.13%) | 19.51% |
| An entry @237.40. This is a Buy Stop order right above the resistance zone. | An exit @225.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 12.17 points, which is 5.13%. | For a 1.00% total portfolio risk, you can invest 19.51% of your capital in this trade. |
- 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.
229.61
-1.14 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.49%
1 Week-2.77%
2 Weeks2.29%
1 Month1%
3 Month8.92%
6 Month48.92%
12 Month45.67%
2 Year19.79%
3 Year89.64%
5 Year38.94%
10 Year75.34%
15 Year245.07%
Volatility
ATR(14)5.63
ATR(20)%2.34%
ATR Inc-2.59%
Range Today6.73
ADR(20)5.23
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.68
Mansfield1.52
10 Day High238.33
10 Day Low225.24
20 Day High238.33
20 Day Low223.6
52 Week High242.69
52 Week Low128.88
CS1 End222.35
CR1 Start230.55
Volume & EV
DER(3)-4.13%
DER(5)-1.46%
Volume8.20M
Volume Incr-3.01%
Vol(5)5.93M
Vol(50)7.05M