Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $220.00 short put and a strike $210.00 long put offers a potential 38.7% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 by expiration. The full premium credit of $2.79 would be kept by the premium seller. The risk of $7.21 would be incurred if the stock dropped below the $210.00 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 69.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
How Much Does the US Trade With the EU?
Fri, 19 Nov 2021 09:13:34 +0000
Here's a look at what at top items traded between the US and EU and which states are the most active in this trade.
UPDATE 2-Norway takes delivery of Boeing P-8 submarine-hunter aircraft
Thu, 18 Nov 2021 20:57:23 +0000
Norway took delivery on Thursday of the first of five Boeing Co P-8 maritime patrol aircraft, central to the NATO country's ability to expand its submarine-hunting capabilities in the strategic “High North” area inside the Arctic Circle. The five aircraft will replace the Royal Norwegian Air Force's current fleet of six Lockheed Martin Corp P-3 Orions and two Dassault Aviation DA-20 Jet Falcons. The fleet will expand Norway's maritime capabilities as it sees Russia “fielding some incredibly capable maritime assets,” Major General Odd-Harald Hagen, Norway's defense attache, said before a ribbon-cutting ceremony on a rain-slicked Boeing Field.
Boeing Stock Upgraded—Again. Analysts See a Turnaround Coming.
Thu, 18 Nov 2021 18:09:00 +0000
Wall Street is getting more bullish about Boeing, with the stock catching its second upgrade in as many days. J.P. Morgan analyst Seth Seifman on Thursday upgraded Boeing shares (ticker: BA) to Buy from Hold. Boeing shares were up about 2.2% in premarket trading following the bullish call from a large brokerage firm, though the gain faded to about 0.7% by early afternoon.
Boeing Gets JPMorgan Upgrade Based on Confidence it will Recover
Thu, 18 Nov 2021 16:09:10 +0000
By Sam Boughedda
Boeing (BA) Secures Deal Worth $9B for 737 MAX Airplanes
Thu, 18 Nov 2021 15:48:03 +0000
The Boeing Company (BA) clinches order for 72 737-800BCF aircrafts from Akasa Air. Valued at nearly $9 billion, the deal gives Boeing a platform to grow in the expanding Indian aviation market.
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