BOEING CO/THE (BA) Technical Analysis
NYSE:BA • US0970231058
Current stock price
BA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 187.72 - 236.45 range, which is quite wide. It is currently trading near the high of this range.
- BA has an average volume of 6793040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BA turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- BA is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, BA did better than 56% of them.
BA Weekly and Daily overview Charts
BA Setup Rating and Analysis
BA has an average technical rating and it also does not offer a high quality setup 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
BA Support and Resistance Analysis
189.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 216.31 to 219.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @194.75 from a trend line in the weekly time frame.
- Support @191.35 from a trend line in the daily time frame.
We found 1 important resistance 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.
BA Technical Indicator Signal Analysis
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 | 60.37 | NEUTRAL | BA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BA is above a declining 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) | 62.23 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.35 | POSITIVE | The MACD value suggests BA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for BA suggests a possible start of a new trend. |
BA Chart- and CandleStick Pattern Analysis
BA Technicals: Chart, Performance Metrics, Trend & Indicators
232.44
-1.71 (-0.73%)
BOEING CO/THE / BA TA FAQ
What is the ChartMill technical rating of BOEING CO/THE (BA) stock?
ChartMill assigns a technical rating of 6 / 10 to BA.
What is the trend direction for BA stock?
The current trend direction for BOEING CO/THE (BA) is Bullish.
What is the RSI signal for BA stock?
BOEING CO/THE (BA) has an RSI value of 62.2267. This indicates that the stock is currently neutral.
What is the short term momentum for BA stock?
The short term momentum for BOEING CO/THE (BA) is positive.
Can you provide the support and resistance levels for BOEING CO/THE?
BOEING CO/THE (BA) has a support level at 219.69 and a resistance level at 252.16. Check the full technical report for our detailed analysis of BA support and resistance levels.