Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $222.50 short call and a strike $227.50 long call offers a potential 63.93% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $222.50 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $3.05 would be incurred if the stock rose above the $227.50 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 33.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
UPDATE 1-Ryanair ‘very keen' on Boeing MAX 10 if price is right – O'Leary
Tue, 31 Aug 2021 09:57:04 +0000
Ryanair is eager to make a significant order for Boeing's 737 MAX 10 aircraft by next summer, but there has been no agreement on pricing so far, Chief Executive Michael O'Leary said on Tuesday. Ryanair is already the largest European customer for the 737 MAX, with 210 firm orders of the 197-seat MAX 8-200 model, and has said it is interested in striking a deal for the 230-seat MAX 10. “We're certainly very keen to place a MAX 10 order but only when the timing and the pricing is right,” O'Leary told Reuters ahead of a press briefing in Brussels.
Ryanair ‘very keen' on Boeing MAX 10 if price is right – O'Leary
Tue, 31 Aug 2021 07:56:31 +0000
BRUSSELS (Reuters) -Ryanair is eager to make a significant order for Boeing's 737 MAX 10 aircraft by next summer, but there has been no agreement on pricing so far, Chief Executive Michael O'Leary said on Tuesday. Ryanair is already the largest European customer for the 737 MAX, with 210 firm orders of the 197-seat MAX 8-200 model, and has said it is interested in striking a deal for the 230-seat MAX 10. “We're certainly very keen to place a MAX 10 order but only when the timing and the pricing is right,” O'Leary told Reuters ahead of a press briefing in Brussels.
Ryanair ‘very keen' on Boeing MAX 10 but no agreement on price – O'Leary
Tue, 31 Aug 2021 07:26:59 +0000
Ryanair is “very keen” to make a significant order for Boeing's 737 MAX 10 aircraft, but there has been no agreement on pricing so far in ongoing talks, Group Chief Executive Michael O'Leary said on Tuesday. “We're certainly very keen to place a MAX 10 order but only when the timing and the pricing is right,” O'Leary told Reuters ahead of a press briefing in Brussels. “Boeing needs an order.”
6 Dow Jones Stocks To Buy And Watch In August 2021: Apple Jumps To Record High
Mon, 30 Aug 2021 20:23:33 +0000
The Dow Jones Industrial Average remains at record highs in the second week of August, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in August 2021 are Apple, Boeing, Goldman Sachs, Microsoft and Nike.
Is American Airlines Stock A Buy As Europe Looks To Reimpose Travel Restrictions?
Mon, 30 Aug 2021 19:31:50 +0000
Is American Airlines stock a buy as the EU looks to reimpose travel restrictions? Take a look at the stock chart.
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