Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $202.50 short call and a strike $207.50 long call offers a potential 44.93% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $202.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock rose above the $207.50 long call 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 down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 36.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
UPDATE 1-UK's Meggitt flags possible write down from Russian aircraft program
Thu, 03 Mar 2022 08:19:46 +0000
British aircraft parts maker Meggitt Plc flagged a possible “material” write down on a Russian aircraft program in the next 12 months on Thursday amid the Ukraine crisis, after posting a lower annual profit hit by supply disruptions. The company, a component supplier for aircraft makers including Boeing and Airbus, has been trying to mitigate supply chain disruptions, curtail lead times and look for alternatives for electronic parts due to pandemic-related hindrances. “As we look ahead, and notwithstanding that the recovery in civil aerospace is likely to remain uneven in the short-term, the outlook and long-term fundamentals for our civil aerospace business remain positive,” Chief Executive Officer Tony Wood said.
Alaska Airlines updates Boeing order to get larger, longer-range jets
Thu, 03 Mar 2022 06:37:25 +0000
The new mix will add precious seats in markets where the carrier has seen the most demand, while allowing it to conserve fuel on some longer routes across California and Hawaii.
Finding Long-Term Winners in a Rough Market
Wed, 02 Mar 2022 21:19:56 +0000
Academy Award-nominated filmmaker Rory Kennedy discusses her new Netflix documentary, Downfall: The Case Against Boeing. Emily and Jason ponder the threat of an avocado shortage in America and share two stocks on their radar: Upstart Holdings and Etsy. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Ukraine Stance by U.S. Tech Firm Epam Sparks Internal Dissension
Wed, 02 Mar 2022 18:28:57 +0000
(Bloomberg) — Tension over the conflict in Ukraine — and the role U.S. companies should play in opposing Russia’s invasion — is playing out within Epam Systems Inc., a Pennsylvania-based company with a large work force in Ukraine. Most Read from BloombergRussia’s Rating Cut to Junk; Talks on Tap: Ukraine UpdateChina Holds Talks With Ukraine, Further Edging Away From RussiaResignation Sets In as Russians Face Their New Economic RealityRussian Oligarchs’ Yachts Head for Maldives as Sanctions Le
U.S. Halts Russian Flights as War Rages; Fed Sees Rate Hike This Month
Wed, 02 Mar 2022 15:50:07 +0000
Stocks around the world are rising after yesterday's slump, while commodity prices including oil, gas, wheat and corn rose
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