Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $337.50 short put and a strike $332.50 long put offers a potential 42.86% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $337.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $332.50 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 61.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Virgin Australia Holdings Limited — Moody's changes Virgin Australia's outlook to stable; affirms all ratings
Mon, 30 Apr 2018 07:10:07 +0000
Moody's Investors Service has affirmed Virgin Australia Holdings Limited's B2 corporate family rating and B3 senior unsecured ratings and changed the outlook on the ratings to stable from negative. “IMPORTANT …
Boeing Nears Deal to Buy Aerospace-Parts Specialist KLX
Sat, 28 Apr 2018 03:22:00 +0000
Boeing Co. is nearing a deal to buy aerospace-parts specialist KLX Inc. as part of its expansion into the aircraft-services business, according to people familiar with the matter. In December, KLX announced it had initiated a sales process in response to expressions of interest, and Boeing has had competition in its pursuit of the company from at least one private-equity firm. The terms and structure of a KLX deal with Boeing couldn’t be learned.
Amazon boosts credit line by $4 billion ahead of HQ2 decision, rumors of Boeing jet order
Sat, 28 Apr 2018 00:06:25 +0000
Amazon disclosed the massive addition to its credit lines in a U.S. Securities and Exchange Commission document filed late Friday.
Amazon, Facebook, Google, Intel, Boeing Earnings, Treasury Yields Move Stocks: Weekly Review
Fri, 27 Apr 2018 20:19:11 +0000
The stock market retreated during the week: The S&P 500, Dow Jones and Nasdaq composite fell as the 10-year Treasury yield topped 3%. Amazon, Facebook, Boeing and Visa rallied on earnings, but Google-parent Alphabet and Intel fell.
Boeing Close To Buying Aerospace Supplier KLX: Report
Fri, 27 Apr 2018 20:15:37 +0000
Shares of KLX, a company that makes aerospace fasteners and offers supply-chain services, jumped after the Wall Street Journal reported that Boeing was close to a deal to buy the company.
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