Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $124.00 short call and a strike $129.00 long call offers a potential 16.82% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $124.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $129.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 37.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing, All Nippon Airways Finalize Order for 40 Widebody Airplanes
Thu, 31 Jul 2014 10:46:45 GMT
noodls – TOKYO , July 31, 2014 /PRNewswire/ — Boeing [NYSE:BA] and All Nippon Airways (ANA) today finalized an order for 40 widebody airplanes – 20 777-9Xs, 14 787-9 Dreamliners and six 777-300ERs (Extended Range) …
6:31 am Boeing, All Nippon Airways finalize order for 40 widebody airplanes
Thu, 31 Jul 2014 10:31:00 GMT
Mid-Wage Work Comes Back as U.S. Moves Past Burger-Flipping Jobs
Thu, 31 Jul 2014 09:00:07 GMT
ANA finalises $16.5 billion deal for Airbus, Boeing planes
Thu, 31 Jul 2014 08:40:49 GMT
ANA finalises $16.5 bln deal for Airbus, Boeing planes
Thu, 31 Jul 2014 08:35:23 GMT
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