Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $370.00 short call and a strike $375.00 long call offers a potential 66.67% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $370.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock rose above the $375.00 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 65.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Why Dow Jones Stocks Boeing And Caterpillar Are On This Trading Pro's Radar
Thu, 21 Nov 2019 23:45:12 +0000
Trading pro Anne-Marie Baiynd shares why Dow Jones giants Boeing and Caterpillar could offer potential gains — and what buy points she's using.
Boeing Starliner placed atop United Launch Alliance rocket for first flight
Thu, 21 Nov 2019 22:00:00 +0000
– Spacecraft being prepared for uncrewed flight test to International Space Station CAPE CANAVERAL, Fla. , Nov. 21, 2019 /PRNewswire/ — Boeing's new CST-100 Starliner is now connected to the …
Chinese antitrust regulator approves Boeing-Embraer deal
Thu, 21 Nov 2019 21:29:54 +0000
A Chinese antitrust regulator has approved Boeing Co's
Boeing supplier winding down production work on the 747
Thu, 21 Nov 2019 21:16:57 +0000
Triumph has begun auctioning off equipment from facilities in Southern California that have supplied the 747 program since the 1960s.
This Boeing 747 Supplier May Force End Of Iconic Jet's Production: Report
Thu, 21 Nov 2019 21:03:58 +0000
Triumph Group, a top supplier for the Boeing 747, reportedly is closing a key plant, potentially forcing the aerospace giant to shutter the jumbo jet's production.
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