Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 54.32% 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 $200.00 by expiration. The full premium credit of $1.76 would be kept by the premium seller. The risk of $3.24 would be incurred if the stock rose above the $205.00 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 68.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
These Are The Dow's Top 5 Stocks In 2017 — And Apple Isn't No. 1
Thu, 29 Jun 2017 20:25:45 +0000
Apple, Boeing, McDonald's, Visa and 3M have led the Dow industrials so far this year on a mix of strong earnings reports and adaptation to an ever-digitizing world.
Arconic Quality Issue Marred Boeing 737 Max Debut
Thu, 29 Jun 2017 19:41:08 +0000
Boeing Co. briefly suspended flights of its new, hot-selling 737 Max jetliner last month because of a possible flaw in an engine part produced by Arconic Inc., people familiar with the matter said.
Boeing, Norwegian Celebrate Delivery of Airline's First 737 MAX 8s
Thu, 29 Jun 2017 19:05:00 +0000
SEATTLE, June 29, 2017 /PRNewswire/ — Boeing (BA) and Norwegian celebrated the delivery today of the airline's first two 737 MAX 8s. Norwegian is the first European carrier to take delivery of the 737 MAX and will deploy the airplanes on transatlantic flights between northern Europe and the east coast of the United States.
Scott Fancher's retirement from Boeing sets up bigger role for CFO Greg Smith
Thu, 29 Jun 2017 18:11:14 +0000
A veteran Boeing commercial airplane executive is retiring while a second senior executive is taking on bigger role. Scott Fancher, a senior Boeing vice president of program management, integration and development programs, will retire in September after a 40-year career. Boeing Chairman, President and CEO Dennis Muilenburg said Fancher's planned retirement, along with that of Boeing Vice Chairman Ray Conner this fall , created a window to consolidate performance-based efforts under Greg Smith, Boeing's chief financial officer and executive vice president of corporate development and strategy.
This Boeing Co (BA) Stock Ticket Won’t Keep You Grounded
Thu, 29 Jun 2017 17:40:45 +0000
Boeing Co (NYSE:BA) has been looking great lately, but it is not the only aerospace defense contractor whose stock has been climbing, or at least not moving lower in a significant manner. Lockheed Martin Corporation (NYSE:LMT) has also built a pretty bullish chart over the last several months.
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