BOEING COMPANY THE - Daily - Technical analysis published on 02/20/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 207.18 USD
My targets
195.07 USD (-4.32%)
185.99 USD (-8.77%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BOEING COMPANY THE, which is a positive signal for sellers. As long as the price remains above 207.18 USD, a sale could be considered. The first bearish objective is located at 195.07 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 185.99 USD as an objective. Crossing it would then enable sellers to target 177.73 USD. If the price were to return above 207.18 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BOEING COMPANY THE rating is 203.87 USD. The price registered a decrease of -0.01% on the session with the lowest point at 203.35 USD and the highest point at 205.58 USD. The deviation from the price is +0.26% for the low point and -0.83% for the high point.203.35
205.58
203.87
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BOEING COMPANY THE in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
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:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 177.73 | 185.99 | 195.07 | 203.87 | 207.18 | 221.56 | 238.62 |
| Change (%) | -12.82% | -8.77% | -4.32% | - | +1.62% | +8.68% | +17.05% |
| Change | -26.14 | -17.88 | -8.80 | - | +3.31 | +17.69 | +34.75 |
| Level | Major | Minor | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 200.54 | 201.68 | 202.78 | 203.92 | 205.02 | 206.16 | 207.26 |
| Camarilla | 203.27 | 203.48 | 203.69 | 203.89 | 204.10 | 204.30 | 204.51 |
| Woodie | 200.53 | 201.67 | 202.77 | 203.91 | 205.01 | 206.15 | 207.25 |
| Fibonacci | 201.68 | 202.53 | 203.06 | 203.92 | 204.77 | 205.30 | 206.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 193.21 | 197.71 | 200.80 | 205.30 | 208.39 | 212.89 | 215.98 |
| Camarilla | 201.80 | 202.50 | 203.19 | 203.89 | 204.59 | 205.28 | 205.98 |
| Woodie | 192.51 | 197.36 | 200.10 | 204.95 | 207.69 | 212.54 | 215.28 |
| Fibonacci | 197.71 | 200.61 | 202.40 | 205.30 | 208.20 | 209.99 | 212.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.44 | 162.38 | 186.71 | 222.65 | 246.98 | 282.92 | 307.25 |
| Camarilla | 194.47 | 199.99 | 205.52 | 211.04 | 216.57 | 222.09 | 227.61 |
| Woodie | 120.64 | 159.48 | 180.91 | 219.75 | 241.18 | 280.02 | 301.45 |
| Fibonacci | 162.38 | 185.40 | 199.63 | 222.65 | 245.67 | 259.90 | 282.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.64 | |
| MACD (12,26,9): | -4.9900 | |
| Directional Movement: | -12.57 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 202.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 212.27 | |
| Elder Ray (13): | -2.67 | |
| Super Trend (3,10): | 219.64 | |
| Zig ZAG (10): | 205.21 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 32.31 | |
| TEMA (21): | 201.93 | |
| Williams %R (14): | -74.31 | |
| Chande Momentum Oscillator (20): | -5.87 | |
| Repulse (5,40,3): | 0.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4200 | |
| Courbe Coppock: | 1.49 |
| MA7: | 205.62 | |
| MA20: | 207.22 | |
| MA50: | 228.10 | |
| MA100: | 213.53 | |
| MAexp7: | 205.75 | |
| MAexp20: | 209.46 | |
| MAexp50: | 216.53 | |
| MAexp100: | 217.04 | |
| Price / MA7: | -0.85% | |
| Price / MA20: | -1.62% | |
| Price / MA50: | -10.62% | |
| Price / MA100: | -4.52% | |
| Price / MAexp7: | -0.91% | |
| Price / MAexp20: | -2.67% | |
| Price / MAexp50: | -5.85% | |
| Price / MAexp100: | -6.07% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on BOEING COMPANY THE at the time of the generation of this analysis was as follows:
- Boeing, Thai Airways Announce Order for 45 787 Dreamliners to Grow Fleet and Network
- Royal Brunei Airlines Orders Four Boeing 787 Dreamliners
- Royal Brunei Airlines Orders Four Boeing 787 Dreamliners
- Boeing, Thai Airways Announce Order for 45 787 Dreamliners to Grow Fleet and Network
- BOEING SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Boeing Company - BA
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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