BOEING COMPANY THE - Daily - Technical analysis published on 04/24/2024 (GMT)
- 99
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 177.73 USD
My targets
151.11 USD (-10.91%)
140.32 USD (-17.27%)
My analysis
BOEING COMPANY THE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 177.73 USD. The next support located at 151.11 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 140.32 USD. Below this support, sellers could then target 115.86 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BOEING COMPANY THE rating is 169.61 USD. On the day, this instrument gained +0.25% with the lowest point at 169.61 USD and the highest point at 177.64 USD. The deviation from the price is 0% for the low point and -4.52% for the high point.169.61
177.64
169.61
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BOEING COMPANY THE chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 115.86 | 140.32 | 167.82 | 169.61 | 177.73 | 195.07 | 238.62 |
| Change (%) | -31.69% | -17.27% | -1.06% | - | +4.79% | +15.01% | +40.69% |
| Change | -53.75 | -29.29 | -1.79 | - | +8.12 | +25.46 | +69.01 |
| Level | Intermediate | Major | Major | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 165.26 | 166.85 | 168.01 | 169.60 | 170.76 | 172.35 | 173.51 |
| Camarilla | 168.42 | 168.68 | 168.93 | 169.18 | 169.43 | 169.68 | 169.94 |
| Woodie | 165.06 | 166.74 | 167.81 | 169.49 | 170.56 | 172.24 | 173.31 |
| Fibonacci | 166.85 | 167.90 | 168.55 | 169.60 | 170.65 | 171.30 | 172.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.04 | 165.29 | 167.55 | 169.80 | 172.06 | 174.31 | 176.57 |
| Camarilla | 168.58 | 168.99 | 169.41 | 169.82 | 170.23 | 170.65 | 171.06 |
| Woodie | 163.06 | 165.29 | 167.57 | 169.80 | 172.08 | 174.31 | 176.59 |
| Fibonacci | 165.29 | 167.01 | 168.07 | 169.80 | 171.52 | 172.58 | 174.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 151.11 | 164.32 | 178.65 | 191.86 | 206.19 | 219.40 | 233.73 |
| Camarilla | 185.42 | 187.94 | 190.47 | 192.99 | 195.52 | 198.04 | 200.56 |
| Woodie | 151.68 | 164.60 | 179.22 | 192.14 | 206.76 | 219.68 | 234.30 |
| Fibonacci | 164.32 | 174.84 | 181.34 | 191.86 | 202.38 | 208.88 | 219.40 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.52 | |
| MACD (12,26,9): | -5.7200 | |
| Directional Movement: | -7.29 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 168.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 167.53 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 180.86 | |
| Zig ZAG (10): | 172.40 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 17.41 | |
| TEMA (21): | 168.03 | |
| Williams %R (14): | -69.76 | |
| Chande Momentum Oscillator (20): | -8.82 | |
| Repulse (5,40,3): | -3.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4600 | |
| Courbe Coppock: | 16.76 |
| MA7: | 170.33 | |
| MA20: | 177.60 | |
| MA50: | 188.40 | |
| MA100: | 209.76 | |
| MAexp7: | 170.90 | |
| MAexp20: | 176.25 | |
| MAexp50: | 187.21 | |
| MAexp100: | 197.29 | |
| Price / MA7: | -0.42% | |
| Price / MA20: | -4.50% | |
| Price / MA50: | -9.97% | |
| Price / MA100: | -19.14% | |
| Price / MAexp7: | -0.75% | |
| Price / MAexp20: | -3.77% | |
| Price / MAexp50: | -9.40% | |
| Price / MAexp100: | -14.03% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
Don't forget to follow the news on BOEING COMPANY THE. At the time of publication of this analysis, the latest news was as follows:
-
Boeing investors await results from troubled firm | BBC News
-
Watch: Boeing 747 makes bumpy touch-and-go at LAX
- Boeing Company - First Quarter Financial Results
- Boeing Reports First Quarter Results
-
Livestream records Boeing 747 'roughest ever' touch-and-go landing | DW News
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BOEING COMPANY THE - Daily