BOEING CO/THE (BA) Stock Technical Analysis
NYSE:BA - New York Stock Exchange, Inc. - US0970231058 - Common Stock - Currency: USD
Taking everything into account, BA scores 5 out of 10 in our technical rating. BA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
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 lows of this range.
BA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BA is performing more or less in line with the market.
BA has an average volume of 9100310 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, BA did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BA is part of the Aerospace & Defense industry. There are 64 other stocks in this industry, BA did better than 44% of them.
BA has an average technical rating and also the quality of the setup is only medium 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
When analyzing the support we can see 2 important areas.
- 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 @138.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @210.81 from a horizontal line in the weekly time frame.
- Resistance @217.52 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for BA is down. |
| ChartMill Relative Strength | 78.78 | POSITIVE | BA has a high relative strength, it outperformed 78.78% off all stocks 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) | 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) | 45.74 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.7 | NEGATIVE | The MACD value suggests BA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.38 | OVERSOLD | The low Stochastics value suggests BA may be oversold. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.06 | POSITIVE | The high ADX value value for BA suggests a strong 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)
198.75
+1.07 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.54%
1 Week-2.45%
2 Weeks-4.91%
1 Month-2.19%
3 Month11.59%
6 Month12.07%
12 Month12.57%
2 Year-5.88%
3 Year45.37%
5 Year8.43%
10 Year43.27%
15 Year216.73%
Volatility
ATR(14)5.56
ATR(20)%2.68%
ATR Inc-38.28%
Range Today3.23
ADR(20)4.76
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.78
Mansfield1.15
10 Day High218.8
10 Day Low195.28
20 Day High218.8
20 Day Low195.28
52 Week High218.8
52 Week Low128.88
CS1 End198.74
CR1 Start210.81
Volume & EV
DER(3)0.74%
DER(5)0.94%
Volume8.93M
Volume Incr22%
Vol(5)10.14M
Vol(50)9.10M