BOEING CO/THE (BA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BA - US0970231058 - Common Stock
Overall BA gets a technical rating of 4 out of 10. In the past year, BA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 210.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 205.85, a Stop Loss order could be placed below this zone.
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4 important support areas can be observed.
- A support zone ranging from 202.88 to 205.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 183.08 to 184.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 179.11 to 179.69. 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 can see 3 important resistance areas.
- A resistance zone ranging from 210.22 to 211.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @221.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 235.27 to 237.39. 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 | UP | POSITIVE | The short term trend for BA is up. |
| ChartMill Relative Strength | 62.26 | 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) | 59.28 | NEUTRAL | The RSI value for BA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.99 | POSITIVE | The MACD value suggests BA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.63 | OVERBOUGHT | The high Stochastics value suggests BA may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | 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. |
206.71
+1.21 (+0.59%)
BOEING CO/THE / BA FAQ
Can you provide the ChartMill technical rating for BOEING CO/THE?
ChartMill assigns a technical rating of 4 / 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 59.2843. 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 positive.
What are the support and resistance levels for BOEING CO/THE (BA) stock?
BOEING CO/THE (BA) has a support level at 205.85 and a resistance level at 210.22. Check the full technical report for our detailed analysis of BA support and resistance levels.