Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $357.50 short put and a strike $352.50 long put offers a potential 38.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $357.50 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $352.50 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 63.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing (BA) En Route to Deliver 787 Jets to Vistara for $3.3B
Tue, 05 Jun 2018 22:02:10 +0000
Boeing (BA) is all set to acquire a major aircraft deal from Viistara valued over $3 billion, which will subsequently give a huge blow to its arch rival Airbus SE.
Vistara picks Boeing 787 Dreamliners over Airbus A330neos
Tue, 05 Jun 2018 21:13:14 +0000
Airbus said it's not panicking after latest A330 loss, and appears poised to win an order for 60 single-aisle jets over Boeing's 737 Max.
ANALYSIS: How will Boeing-Safran venture shake up APUs?
Tue, 05 Jun 2018 20:21:43 +0000
Tucked discreetly into the aft fuselages of most aircraft, auxiliary power units (APUs) almost never get the attention lavished on their wing-mounted, thrust-producing cousins in the gas turbine market, but that changed on 4 June with the announcement that Boeing and Safran were teaming up to take on Honeywell and Pratt & Whitney Canada.
Why Elon Musk, Jeff Bezos Don't Want To Take Over NASA's Space Station
Tue, 05 Jun 2018 20:09:27 +0000
ASA is reportedly in talks with companies about taking over the International Space Station, but one analyst doesn't see SpaceX or' Blue Origin participating.
Spirit AeroSystems ready for 787 rate increase
Tue, 05 Jun 2018 18:20:40 +0000
CEO Tom Gentile says the company will be ready to meet the new rate of 14 Dreamliners per month beginning in 2019.
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