BOEING COMPANY THE
BOEING COMPANY THE
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BA
ISIN:

BOEING COMPANY THE - Daily - Technical analysis published on 11/30/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 224.54 USD
My targets
238.69 USD (+3.04%)
269.19 USD (+16.21%)
My analysis
The bullish trend is currently very strong on BOEING COMPANY THE. As long as the price remains above the support at 224.54 USD, you could try to benefit from the boom. The first bullish objective is located at 238.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 269.19 USD as an objective. Crossing it would then enable buyers to target 345.39 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BOEING COMPANY THE price is 231.64 USD. On the day, this instrument gained +3.21% and was between 225.00 USD and 233.00 USD. This implies that the price is at +2.95% from its lowest and at -0.58% from its highest.

225.00
233.00
231.64

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of BOEING COMPANY THE indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 218.45 224.54 231.36 231.64 238.69 269.19 345.39
Change (%) -5.69% -3.07% -0.12% - +3.04% +16.21% +49.11%
Change -13.19 -7.10 -0.28 - +7.05 +37.55 +113.75
Level Major Intermediate Minor - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard218.53219.94222.18223.59225.83227.24229.48
Camarilla223.43223.76224.10224.43224.77225.10225.43
Woodie218.96220.15222.61223.80226.26227.45229.91
Fibonacci219.94221.33222.19223.59224.98225.84227.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard202.65206.80213.30217.45223.95228.10234.60
Camarilla216.88217.86218.83219.81220.79221.76222.74
Woodie203.84207.39214.49218.04225.14228.69235.79
Fibonacci206.80210.87213.38217.45221.52224.03228.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard152.14164.19175.51187.56198.88210.93222.25
Camarilla180.39182.54184.68186.82188.96191.11193.25
Woodie151.77164.01175.14187.38198.51210.75221.88
Fibonacci164.19173.12178.64187.56196.49202.01210.93

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 83.00
MACD (12,26,9): 8.9700
Directional Movement: 36.08
AROON (14): 100.00
DEMA (21): 221.38
Parabolic SAR (0,02-0,02-0,2): 216.95
Elder Ray (13): 11.75
Super Trend (3,10): 214.05
Zig ZAG (10): 230.67
VORTEX (21): 1.2800
Stochastique (14,3,5): 97.07
TEMA (21): 229.09
Williams %R (14): -0.09
Chande Momentum Oscillator (20): 26.31
Repulse (5,40,3): 4.6000
ROCnROLL: 1
TRIX (15,9): 0.5200
Courbe Coppock: 28.32
MA7: 222.39
MA20: 208.04
MA50: 195.98
MA100: 209.32
MAexp7: 222.45
MAexp20: 210.83
MAexp50: 204.18
MAexp100: 205.11
Price / MA7: +4.16%
Price / MA20: +11.34%
Price / MA50: +18.20%
Price / MA100: +10.66%
Price / MAexp7: +4.13%
Price / MAexp20: +9.87%
Price / MAexp50: +13.45%
Price / MAexp100: +12.93%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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