Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 6.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock rose above the $150.00 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 49.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
747 Mistakenly Lands at Tiny Airport
Thu, 21 Nov 2013 23:04:28 GMT
The Wall Street Journal – A Boeing 747 jumbo jet used to haul parts of 787 Dreamliner jets around the world landed at the wrong Kansas airport Wednesday evening.
Boeing's new airplane is a game-changer
Thu, 21 Nov 2013 22:53:25 GMT
USA TODAY – Emirates places record-setting order for 150 of Boeing's 777x widebody
Kaman Announces New Agreement with Boeing for the Manufacture and Assembly of 747-8 Wing-to-Body Fairing
Thu, 21 Nov 2013 22:53:02 GMT
noodls – BLOOMFIELD, Conn.–(BUSINESS WIRE)–Nov. 21, 2013– (NYSE:KAMN) Kaman Corporation announced today that its Aerospace segment has entered into a Memorandum of Agreement (MOA) with Boeing Canada Winnipeg …
[$$] The Boeing Machinists Say No
Thu, 21 Nov 2013 22:45:04 GMT
The Wall Street Journal – A case study of a union trading away jobs for retirement benefits.
777X Strengthens Boeing's Leadership Position In Large Commercial Airplanes
Thu, 21 Nov 2013 22:34:41 GMT
Seeking Alpha – Boeing ( BA ) recently launched an upgraded version of its wide body 777 airplane – the 777X – to further strengthen its leading position in the wide body commercial airplane segment. The company launched …
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