BOEING CO/THE (BA) Stock Technical Analysis
USA - NYSE:BA - US0970231058 - Common Stock
Overall BA gets a technical rating of 2 out of 10. Although BA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BA has a poor technical rating and the quality of the setup is also 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
138.79
We found 2 important support areas.
- A support zone ranging from 194.60 to 194.60. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 195.77 to 197.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 214.22 to 223.34. 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 | DOWN | NEGATIVE | The long term trend for BA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BA is down. |
| ChartMill Relative Strength | 71.06 | POSITIVE | BA has a high relative strength, it outperformed 71.06% 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) | DOWN | NEGATIVE | The current price of BA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.45 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.35 | NEGATIVE | The MACD value suggests BA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.81 | OVERSOLD | The low Stochastics value suggests BA may be oversold. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for BA suggests a possible start of a new trend. |
195.5
+0.29 (+0.15%)
BOEING CO/THE / BA FAQ
Can you provide the ChartMill technical rating for BOEING CO/THE?
ChartMill assigns a technical rating of 2 / 10 to BA.
What is the current trend direction of BOEING CO/THE (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 32.4469. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BOEING CO/THE?
The short term momentum for BOEING CO/THE (BA) is negative.
What are the support and resistance levels for BOEING CO/THE (BA) stock?
BOEING CO/THE (BA) has a support level at 194.6 and a resistance level at 195.77. Check the full technical report for our detailed analysis of BA support and resistance levels.