Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $148.00 short call and a strike $155.00 long call offers a potential 22.16% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $148.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $5.73 would be incurred if the stock rose above the $155.00 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 66.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing and Japanese suppliers finalise 777X workshare agreement
Fri, 24 Jul 2015 06:42:49 GMT
Boeing WGS-7 Satellite to Provide Military with 17 Percent More Bandwidth
Fri, 24 Jul 2015 02:52:06 GMT
noodls – Broadens tactical communications for U.S. and allied forces CAPE CANAVERAL, Fla., July 23, 2015 – Boeing's seventh Wideband Global SATCOM (WGS) satellite is now in orbit and will soon provide …
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Thu, 23 Jul 2015 19:10:07 GMT
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