Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $146.00 short call and a strike $152.50 long call offers a potential 17.33% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $146.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $5.54 would be incurred if the stock rose above the $152.50 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 27.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Qatar Plans More U.S. Trips, American Carriers Object
Mon, 04 May 2015 16:38:00 GMT
Qatar Airways' plans to boost flights rile U.S. airlines
Mon, 04 May 2015 15:49:34 GMT
Reuters – Qatar Airways on Monday said it plans to expand its services to the United States, in a move that rankled U.S. airlines which accuse it of competing unfairly through state subsidies. The Gulf carrier announced its first direct flights to Los Angeles, Boston and Atlanta from its Doha hub and its second daily flight to New York. The expansion comes as Delta Air Lines Inc, United Continental Holdings Inc and American Airlines Group Inc press for a temporary freeze on new Gulf airline service to the United States.
Stocks higher as Street awaits Q2 data; biotechs boost Nasdaq
Mon, 04 May 2015 14:50:53 GMT
Nordic fund blacklists Boeing over nuclear weapons
Mon, 04 May 2015 12:27:58 GMT
Boeing, SWISS Finalize Order for Three Additional 777-300ERs
Mon, 04 May 2015 09:43:23 GMT
noodls – ZURICH , May 4, 2015 /PRNewswire/ — Boeing , the Lufthansa Group and Swiss International Air Lines (SWISS) have finalized an order for three additional 777-300ER (Extended Range) airplanes, …
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