Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $235.00 short call and a strike $245.00 long call offers a potential 44.93% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $235.00 by expiration. The full premium credit of $3.10 would be kept by the premium seller. The risk of $6.90 would be incurred if the stock rose above the $245.00 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 59.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Dow Jones Stocks To Buy And Watch In December 2020: Apple Jumps 5% To Hit New Buy Point
Tue, 15 Dec 2020 23:56:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in December 2020.
Jim Cramer Is Looking at Reddit to Understand Stocks Tuesday
Tue, 15 Dec 2020 17:30:00 +0000
In Tuesday's stock market breakdown, Jim Cramer talks Moderna, Boeing, Estee Lauder, the FTC, the Fed and more.
Boeing (BA) Wins $109M Navy Deal for P-8A Training Systems
Tue, 15 Dec 2020 14:55:02 +0000
Boeing (BA) is set to procure one Operational Flight Trainer (OFT) with one OFT Brief/Debrief Station (BDS) and one Weapons Tactics Trainers (WTTs) with one WTT BDS.
Company News for Dec 15, 2020
Tue, 15 Dec 2020 14:43:02 +0000
Companies In The News Are: BA, ALXN, AZN, CVAC, GOOGL.
Boeing's Share-Price Target Lifted by J.P. Morgan
Tue, 15 Dec 2020 14:42:00 +0000
‘We expect Boeing to emerge from the 737 Max crisis and begin generating cash in 2022,' J.P. Morgan said, but rates Boeing neutral.
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