Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $345.00 short put and a strike $340.00 long put offers a potential 22.55% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $345.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $340.00 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 58.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Asia Carriers Roll With 30% Oil Price Hike on Travel Boom
Mon, 05 Feb 2018 09:00:00 +0000
Surging oil prices usually mean trouble for aviation executives in Asia, where spending on jet fuel can sometimes account for more than half of an airline’s operating costs.
Japanese army helicopter crash sparks fire in residential area
Mon, 05 Feb 2018 08:59:58 +0000
A Japanese army Apache attack helicopter crashed in western Japan on Monday sparking a fire in a residential area, Japan's defence minister said. Live images aired by public broadcaster NHK showed firefighters dousing a house as smoke billowed from its roof and windows. The Ground Self Defence Force helicopter, which is built by Boeing Co, came down in Saga prefecture during training, Minister of Defence Itsunori Onodera said in comments aired by NHK.
SINGAPORE: CFM to stick with direct-drive architecture for NMA
Mon, 05 Feb 2018 08:38:08 +0000
Any bid by CFM International to power Boeing s proposed New Mid-market Airplane (NMA) is unlikely to incorporate geared-fan technology.
Boeing may express interest in Canada fighter jet bid – exec
Mon, 05 Feb 2018 08:27:49 +0000
Boeing may express interest in a jet fighter competition in Canada despite a recent trade row, but is still studying the matter, a senior executive said on Monday. Boeing has until Feb. 9 to express interest in taking part in the bidding for 88 jets worth between C$15 billion and C$19 billion ($12.1 billion to $15.3 billion). Asked ahead of the Singapore Airshow whether the U.S. plane maker would express interest by Friday, Gene Cunningham, vice president for sales at Boeing Defence and Space, told reporters: “That is certainly a possibility and we will let you know as that unfolds”.
Boeing may express interest in Canada fighter jet bid: executive
Mon, 05 Feb 2018 08:21:50 +0000
Boeing may express interest in a jet fighter competition in Canada despite a recent trade row, but is still studying the matter, a senior executive said on Monday. Boeing has until Feb. 9 to express interest in taking part in the bidding for 88 jets worth between C$15 billion and C$19 billion ($12.1 billion to $15.3 billion). Asked ahead of the Singapore Airshow whether the U.S. plane maker would express interest by Friday, Gene Cunningham, vice president for sales at Boeing Defence and Space, told reporters: “That is certainly a possibility and we will let you know as that unfolds”.
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