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 53.85% return on risk over the next 10 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 $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock rose above the $207.50 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 36.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
China May Finally Recertify the MAX. Boeing Stock Needs the Boost.
Mon, 06 Dec 2021 02:13:00 +0000
China is one of the largest jet markets in the world, and its one of the last to approve the troubled plane. Recertification, which appears imminent, could lift the stock.
Boeing (BA) Dips More Than Broader Markets: What You Should Know
Fri, 03 Dec 2021 22:45:10 +0000
Boeing (BA) closed the most recent trading day at $198.49, moving -1.92% from the previous trading session.
Dow Jones Falls As Nasdaq Dives; Elon Musk Does This, Tesla Plunges; DocuSign Stock Collapses
Fri, 03 Dec 2021 21:36:41 +0000
The Dow Jones fell sharply. Tesla stock took a tumble on an Elon Musk move. Apple stock struggled. DocuSign stock cratered after earnings.
The Boeing 737 MAX Makes Another Step Toward Its China Return
Fri, 03 Dec 2021 15:17:00 +0000
China's aviation regulator has laid out a series of steps for Boeing to bring its 737 MAX jet back into commercial service in that country. It's a step forward for Boeing and investors are cheering the news.
Leonardo to furlough workers at plant making parts for Boeing 787 – sources
Fri, 03 Dec 2021 15:10:16 +0000
Aerospace and defence group Leonardo will furlough the bulk of its employees making parts for Boeing's 787 aircraft for 13 weeks, two sources said, in a move highlighting challenges at the Italian group's Aerostructures division. Leonardo's Grottaglie plant in southern Italy has been hit by a stop in deliveries of Boeing 787s due to both a fall in demand for aircraft and 787 manufacturing problems. Leonardo makes fuselage parts for the wide-body jet at Grottaglie.
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