BOEING CO/THE (BA) Technical Analysis
NYSE:BA • US0970231058
We assign a technical rating of 5 out of 10 to BA. BA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month BA has a been trading in the 218.13 - 247.86 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that BA is one of the better performing stocks in the market, outperforming 85% 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.
- BA has an average volume of 6969650 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, the long term trend is neutral. Not much exciting going on here.
- BA is an average performer in the Aerospace & Defense industry, it outperforms 48% of 78 stocks in the same industry.
BA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 222.05, a Stop Loss order could be placed below this zone.
More info and screens
197.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 222.05 to 222.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 252.16 to 252.16. 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 | NEUTRAL | NEUTRAL | The long term trend for BA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BA is down. |
| ChartMill Relative Strength | 85.34 | POSITIVE | BA has a high relative strength, it outperformed 85.34% 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 | MIXED | The current price of BA is below 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) | 37.09 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.7 | NEGATIVE | The MACD value suggests BA has a negative trend. |
| Stochastics (14,3) | 16.7 | OVERSOLD | The low Stochastics value suggests BA may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for BA suggests a possible start of a new trend. |
BA Technicals: Chart, Performance Metrics, Trend & Indicators
222.06
-5.25 (-2.31%)
BOEING CO/THE / BA FAQ
What is the ChartMill technical rating of BOEING CO/THE (BA) stock?
ChartMill assigns a technical rating of 5 / 10 to BA.
What is the trend direction for 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 37.0857. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BOEING CO/THE?
BOEING CO/THE (BA) has a support level at 222.05 and a resistance level at 252.16. Check the full technical report for our detailed analysis of BA support and resistance levels.