BOEING COMPANY THE - 1H - Technical analysis published on 07/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 182.75 USD
My targets
187.39 USD (+1.68%)
189.31 USD (+2.72%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 182.75 USD remains possible. It is advisable to trade BOEING COMPANY THE with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 182.75 USD. The next bullish objective for buyers is set at 187.39 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 189.31 USD. If there is any crossing, the next objective would be the resistance located at 192.63 USD. PS: if there is a bearish break in the support located at 182.75 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BOEING COMPANY THE rating 184.30 USD. The price registered a decrease of -0.05% on the session and was traded between 182.23 USD and 185.18 USD over the period. The price is currently at +1.14% from its lowest and -0.48% from its highest.182.23
185.18
184.30
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BOEING COMPANY THE indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 177.73 | 180.59 | 182.75 | 184.30 | 184.49 | 187.39 | 189.31 |
| Change (%) | -3.56% | -2.01% | -0.84% | - | +0.10% | +1.68% | +2.72% |
| Change | -6.57 | -3.71 | -1.55 | - | +0.19 | +3.09 | +5.01 |
| Level | Major | Major | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.46 | 181.65 | 183.03 | 184.22 | 185.60 | 186.79 | 188.17 |
| Camarilla | 183.69 | 183.93 | 184.16 | 184.40 | 184.64 | 184.87 | 185.11 |
| Woodie | 180.55 | 181.70 | 183.12 | 184.27 | 185.69 | 186.84 | 188.26 |
| Fibonacci | 181.65 | 182.64 | 183.24 | 184.22 | 185.21 | 185.81 | 186.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 164.25 | 168.77 | 175.39 | 179.91 | 186.53 | 191.05 | 197.67 |
| Camarilla | 178.95 | 179.97 | 180.99 | 182.01 | 183.03 | 184.05 | 185.07 |
| Woodie | 165.30 | 169.30 | 176.44 | 180.44 | 187.58 | 191.58 | 198.72 |
| Fibonacci | 168.77 | 173.03 | 175.66 | 179.91 | 184.17 | 186.80 | 191.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 151.23 | 161.64 | 171.82 | 182.23 | 192.41 | 202.82 | 213.00 |
| Camarilla | 176.35 | 178.24 | 180.12 | 182.01 | 183.90 | 185.79 | 187.67 |
| Woodie | 151.13 | 161.58 | 171.72 | 182.17 | 192.31 | 202.76 | 212.90 |
| Fibonacci | 161.64 | 169.50 | 174.36 | 182.23 | 190.09 | 194.95 | 202.82 |
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): | 51.31 | |
| MACD (12,26,9): | 0.4200 | |
| Directional Movement: | 1.85 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 185.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 189.18 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 181.29 | |
| Zig ZAG (10): | 184.39 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 29.50 | |
| TEMA (21): | 184.57 | |
| Williams %R (14): | -67.33 | |
| Chande Momentum Oscillator (20): | -2.66 | |
| Repulse (5,40,3): | 0.4300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 2.20 |
| MA7: | 183.42 | |
| MA20: | 182.12 | |
| MA50: | 179.52 | |
| MA100: | 184.33 | |
| MAexp7: | 184.43 | |
| MAexp20: | 184.51 | |
| MAexp50: | 182.85 | |
| MAexp100: | 181.78 | |
| Price / MA7: | +0.48% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | +2.66% | |
| Price / MA100: | -0.02% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | +0.79% | |
| Price / MAexp100: | +1.39% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on BOEING COMPANY THE at the time of the analysis were as follows:
- Boeing to Release Second-Quarter Results on July 31
- Turkish Airlines Orders Four More Boeing 777 Freighters
- Turkish Airlines Orders Four More Boeing 777 Freighters
-
NTSB sanctions Boeing for disclosing non-public information
- Boeing 2024 Sustainability & Social Impact Report Shows Steady Progress for People and Planet
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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