Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $335.00 short call and a strike $345.00 long call offers a potential 36.99% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $335.00 by expiration. The full premium credit of $2.70 would be kept by the premium seller. The risk of $7.30 would be incurred if the stock rose above the $345.00 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 38.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Meet Seattle's plane paparazzi — a nuisance to some, a valuable resource to others
Fri, 16 Aug 2019 08:00:00 +0000
Boeing and its airline customers both love and loathe airplane spotters who track their jets. Airport directors and analysts say they've become an important part of the aerospace world.
PRESS DIGEST- British Business – Aug 16
Fri, 16 Aug 2019 01:22:16 +0000
US Large-Cap Indexes Close With Gains Thursday
Thu, 15 Aug 2019 22:12:38 +0000
Dow Jones up 0.39% Continue reading…
2019 Women's Leadership Awards: Aurelina Prado
Thu, 15 Aug 2019 20:45:00 +0000
She sees similarities between her experience and that of Major League Baseball's first Latina owner.
Stocks Close Mixed As This Sector Falls To 6-Year Low
Thu, 15 Aug 2019 20:13:58 +0000
The S&P; 500 ended a volatile session with a gain Thursday, as indexes closed well off session lows but the market outlook remained uncertain.
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