Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $370.00 short put and a strike $365.00 long put offers a potential 35.14% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $370.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $365.00 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 61.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Air Force poised to launch Boeing KC-46 tanker repairs in December
Tue, 26 Nov 2019 02:37:50 +0000
Boeing has studied causes of why locks that hold KC-46 cargo and passenger seats in place inside the jet were defective. Fixes may begin soon and continue until next March.
Study: Sea-Tac will be unable to meet passenger demand by 2050
Mon, 25 Nov 2019 20:59:33 +0000
The Puget Sound region may need not one, but potentially several, new airports to cope with its surging aviation growth, says the Puget Sound Regional Council's Josh Brown, who is leading a deep-dive study on the issue.
Canadian official says Boeing should scrap scrutinized software in 737 MAX
Mon, 25 Nov 2019 17:43:45 +0000
Boeing has been hopeful that an updated version of MCAS could clear the grounded jet for an initial return by the end of the year.
This Boeing VP is returning to Florida as space industry takes off
Mon, 25 Nov 2019 15:18:10 +0000
Boeing's space and launch division headquarters is moving more than 800 miles from Arlington, Virginia, to Titusville.
Raytheon Wins $72M Deal to Support AMRAAM Weapon System
Mon, 25 Nov 2019 14:40:02 +0000
Raytheon (RTN) will offer technical services and analysis to support the AMRAAM weapon system.
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