Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $330.00 short put and a strike $320.00 long put offers a potential 15.07% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $330.00 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $8.69 would be incurred if the stock dropped below the $320.00 long put 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 32.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Why Value Investors Should Consider Boeing (BA) Right Now
Tue, 20 Mar 2018 23:01:11 +0000
Before today's 1.8% surge, shares of Boeing (BA) had sunk over the last week as investors began to price in possible tariff-related backlash aimed at the aerospace giant. With that said, much of the Chinese retaliation news is relatively speculative at this point, while Boeing's new lower price is much less debatable.
Saudi Crown Prince Poised To Go On $35 Billion U.S. Shopping Spree, Meeting With Boeing, Lockheed
Tue, 20 Mar 2018 20:40:57 +0000
Saudi Crown Prince Mohammed bin Salman will meet with Boeing and Lockheed, but also with Alphabet, Apple and Disney in his cross-country U.S. visit.
Dow Jones Leads Stock Rally, But Twitter Dunked; 4 Reasons Why The Boeing Rally Isn't Over
Tue, 20 Mar 2018 20:35:30 +0000
The Dow Jones industrials led the rebound. Boeing gained nicely. Twitter got slammed.
ETFs to be Impacted by Potential Trade War With China
Tue, 20 Mar 2018 20:14:08 +0000
President Trump accuses China of malpractice in relation to intellectual property theft from American businesses and threatens to impose tariffs; China may retaliate.
3 China Buys For Emergent Growth
Tue, 20 Mar 2018 20:08:00 +0000
These quality growth companies have the potential to outperform in any type of market environment, according to William Blair Portfolio Manager Andrew Flynn.
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