Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $352.50 short call and a strike $357.50 long call offers a potential 40.45% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $352.50 by expiration. The full premium credit of $1.44 would be kept by the premium seller. The risk of $3.56 would be incurred if the stock rose above the $357.50 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 41.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
We Turned More Cautious Towards Hang Seng, Says Morgan Stanley's Garner
Thu, 09 Aug 2018 02:11:21 +0000
Aug.08 — Jonathan Garner, Asia and emerging markets chief strategist at Morgan Stanley, discusses the falling yuan and its impact on Chinese equities. He speaks on "Bloomberg Markets: Asia."
Boeing denies rumors it may pause 737 production in Renton as planes pile up
Thu, 09 Aug 2018 01:50:49 +0000
As dozens of jets sit unfinished in Renton and at Boeing Field, workers and suppliers are worried about a production stoppage and remembering 737 manufacturing woes that froze the line 21 years ago.
BRIEF-China Development Bank Financial Leasing Entered Supplemental Agreements For Purchase Of 60 Boeing Aircraft
Thu, 09 Aug 2018 01:09:08 +0000
Aug 9 (Reuters) – China Development Bank Financial Leasing Co Ltd: * CDBALF PROPOSED TO CONVERT ORDER TO PURCHASE EIGHT BOEING 787-9 AIRCRAFT INTO 22 737 MAX 8 AIRCRAFT * TOTAL LIST PRICE FOR AIRCRAFT …
Firefighting Boeing 747 takes on California wildfires (Photos)
Wed, 08 Aug 2018 20:59:49 +0000
The modified Boeing 747 can drop nearly 20,000 gallons of water or fire suppressing chemicals, almost twice the capacity of the next largest aerial tanker.
These Boeing Supply-Chain Hiccups Point To Risk Of Ramp-Up Plans
Wed, 08 Aug 2018 19:47:54 +0000
Boeing warned that supply-chain issues will hit Q3 deliveries, offering a reminder of the risks the aerospace giant and rival Airbus face as they look to boost production rates.
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