Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $240.00 short call and a strike $245.00 long call offers a potential 44.93% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $240.00 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 $245.00 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 31.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
4 Dow Jones Stocks To Buy And Watch In April 2021: Apple Turns Lower Amid Blowout Earnings
Thu, 29 Apr 2021 22:02:33 +0000
The Dow Jones Industrial Average remain near record highs at the end of March, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in April 2021 are Apple, Boeing, Disney and Microsoft.
UPDATE 1-FAA auditing Boeing minor design change process after 737 MAX issue
Thu, 29 Apr 2021 20:25:34 +0000
The U.S. Federal Aviation Administration (FAA) is auditing Boeing Co's process for making minor design changes across its product line after a 737 MAX manufacturing issue grounded dozens of planes, the regulator said on Thursday. The FAA is also investigating the origin of the electrical manufacturing issue disclosed on April 7 that led to the grounding of 109 Boeing 737 MAX aircraft worldwide, including 71 in the United States, it added. Boeing responded that it looks “forward to ongoing engagement with, and direction from, the FAA as we continuously improve safety and quality in our processes.”
FAA auditing Boeing minor design change process after 737 MAX issue
Thu, 29 Apr 2021 18:56:17 +0000
The U.S. Federal Aviation Administration (FAA) is auditing Boeing Co's process for making minor design changes across its product line after a 737 MAX manufacturing issue grounded dozens of planes, the regulator said on Thursday. The FAA is also investigating the origin of the electrical manufacturing issue disclosed on April 7 that led to the grounding of 109 Boeing 737 MAX aircraft worldwide, including 71 in the United States, it added. Boeing responded that it looks “forward to ongoing engagement with, and direction from, the FAA as we continuously improve safety and quality in our processes.”
REFILE-FAA auditing Boeing minor design change procedure after 737 MAX issue
Thu, 29 Apr 2021 18:37:45 +0000
The U.S. Federal Aviation Administration (FAA) said Thursday it is auditing Boeing Co's process for making minor design changes across its product line after a 737 MAX manufacturing issue grounded dozens of planes. The FAA said it is also investigating the origin of the electrical manufacturing issue disclosed on April 7 that led to the grounding of 109 Boeing 737 MAX aircraft worldwide.
Boeing Earnings Were Meh. Here’s What Wall Street is Saying.
Thu, 29 Apr 2021 15:59:00 +0000
Boeing is still losing money and burning through cash as the pandemic continues to depress global air travel. Here's what Wall Street thought of the company's first-quarter results.
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