Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $257.50 short put and a strike $252.50 long put offers a potential 13.64% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $257.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $252.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 66.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Americans Will Head to Space Again Without a Russian Taxi
Fri, 13 Oct 2017 07:00:09 +0000
Boeing and SpaceX face an aggressive schedule to fly U.S. astronauts to the international space station.
[$$] Airbus Ramps Up Services Business With Malaysian Deal
Fri, 13 Oct 2017 04:52:18 +0000
Airbus said it had taken full control of an Asian plane-repair company, as it and rival Boeing both embark on a push to win a greater share of the lucrative market for servicing airliners.
[$$] Cyberattack Captures Data on U.S. Weapons in Four-Month Assault
Fri, 13 Oct 2017 04:51:28 +0000
A cyberattacker nicknamed “Alf” gained access to an Australian defense contractor’s computers and began a four-month raid that snared data on sophisticated U.S. weapons systems.
Boeing passenger jets have falsely-certified Kobe Steel products: source
Fri, 13 Oct 2017 02:14:31 +0000
Boeing Co, the world's biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. Boeing does not as yet consider the issue a safety problem, the source stressed, but the revelation may raise compensation costs for the Japanese company, which is embroiled in a widening scandal over the false certification of the strength and durability of components supplied to hundreds of companies. The U.S. airline maker is carrying out a survey of aircraft to ascertain the extent and type of Kobe Steel components in its planes and will share the results with airline customers, said the source who has knowledge of the investigation.
Trump's Iran Decision Throws New Uncertainty Into Business Plans
Thu, 12 Oct 2017 23:00:02 +0000
In the 21 months since a landmark nuclear agreement freed Iran’s economy from crippling economic sanctions, investors eager to tap the country’s energy reserves and its 80 million consumers have waited …
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