Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $330.00 short call and a strike $335.00 long call offers a potential 72.41% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $330.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $2.90 would be incurred if the stock rose above the $335.00 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 29.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Turkish Airlines, Boeing reach 737 Max aircraft compensation deal
Tue, 31 Dec 2019 06:15:15 +0000
Here Are The Top 5 Dow Jones Laggards This Year — And Boeing Isn't The Worst
Mon, 30 Dec 2019 21:25:02 +0000
The five worst Dow Jones stocks of 2019 include Pfizer, Walgreens, 3M, Dow Inc. — and the No. 1 Dow stock two years ago.
Boeing obtains $265M modification for missile defense contract
Mon, 30 Dec 2019 19:42:59 +0000
Despite the holiday tumult of losing its CEO, Boeing has hummed along with a $265 million contract for its work on the Department of Defense’s land-based missile defense system.
Boeing 737 Max Should Return In 2020 But The Crisis Won't Be Over
Mon, 30 Dec 2019 18:25:16 +0000
The Boeing 737 Max will likely return to service sometime in 2020, but that won't close the books on one of the aerospace giant's worst crises in its 103-year history.
34 CEOs Who Resigned Or Were Fired In 2019
Mon, 30 Dec 2019 17:37:09 +0000
This year set a record for CEO departures. Some 1,332 spots were vacated between January and October, with October’s 172 turnovers leading all months since 2002, according to Challenger, Gray & Christmas. …
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