Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $237.50 short call and a strike $242.50 long call offers a potential 23.46% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $237.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $242.50 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 72.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Dow 30 Stock Roundup: Disney Ends Deal with Netflix, Dow & DuPont Set Merger Date
Fri, 11 Aug 2017 09:12:09 +0000
The Dow ended its record run of wins to suffer a dramatic decline near the end of the week.
Here's Why Technology, Artificial Intelligence Aren't Good Answers For The Growing Pilot Shortage
Fri, 11 Aug 2017 04:01:00 +0000
Don’t look for advanced technologies to solve this nation’s – or the world’s – fast-developing shortage of commercial pilots anytime in the next 40 years. There’s lots of reasons why it’s still a good idea for bright young people to plan careers as airline pilots, and here are six really good ones.
Experimental defense unit funds new tech but faces skeptics
Fri, 11 Aug 2017 02:05:13 +0000
CAMBRIDGE, Mass. (AP) — President Donald Trump's administration is throwing its support to a Barack Obama-era effort enlisting startup companies to come up with solutions to the military's toughest technological challenges.
Boeing board elects Caroline Kennedy as a director
Thu, 10 Aug 2017 22:55:07 +0000
Boeing's powerful board has elected Caroline Kennedy as a director, the jet maker said Thursday. Kennedy, 59, will serve on the audit and finance board committees, Chicago-based Boeing (BA) said. Kennedy is the daughter of late President John F. Kennedy.
United Airlines suddenly stepping up game in Seattle in a big way
Thu, 10 Aug 2017 21:35:08 +0000
United Airlines is about to give Seattle a lot more travel options. The Chicago-based carrier said today it is returning — nearly 80 years later — to Seattle's Paine Field, an airport 23 miles north of Seattle. Beginning in the fall of 2018, United will offer six daily flights from Paine Field to its key hubs in Denver and San Francisco, where passengers can connect to a slew of international and domestic United flights to scores of destinations.
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