Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 5.71% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $9.46 would be incurred if the stock dropped below the $120.00 long put 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Boeing
Washington State and Labor Unions Win Back Boeing
Wed, 06 Nov 2013 22:08:08 GMT
Wall St. Cheat Sheet – Boeing announced a contract extension that will allow the final assembly of the 777X and the fabrication of the airplane's wing to take place in Puget Sound.
New Boeing B-52 Upgrade to Increase Smart Weapons Capacity by Half
Wed, 06 Nov 2013 21:33:25 GMT
noodls – OKLAHOMA CITY, Nov. 6, 2013 – Boeing [NYSE: BA] will continue to increase the B-52 bomber's effectiveness and versatility under a new U.S. Air Force contract that calls for the aircraft's smart weapons …
Boeing and Kongsberg Defense Systems Complete Joint Strike Missile Check on F/A-18 Super Hornet
Wed, 06 Nov 2013 19:00:44 GMT
noodls – ST. LOUIS, Nov. 6, 2013 — Boeing [NYSE: BA] and Kongsberg Defense Systems of Norway recently completed a successful check of the Joint Strike Missile (JSM) on an F/A-18F Super Hornet at the Boeing St. …
Prettiest And Ugliest Stock Charts Of 2013
Wed, 06 Nov 2013 18:48:00 GMT
Forbes – Based on four criteria, the Kroger Co. is the stock with the best chart so far in 2013.
Boeing Will Make Key 777X Parts in Seattle and 2 Other Dow Movers to Watch
Wed, 06 Nov 2013 18:14:08 GMT
Wall St. Cheat Sheet – These stocks are moving the Dow now.
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