BOEING COMPANY THE - 1H - Technical analysis published on 07/08/2024 (GMT)
- 131
- 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 : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 187.39 USD
My targets
192.63 USD (+1.94%)
195.07 USD (+3.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BOEING COMPANY THE as long as the price remains well above 187.39 USD. The buyers' bullish objective is set at 192.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 195.07 USD. If there is any crossing, the next objective would be the resistance located at 211.74 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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:
Additional analysis
Quotes
The BOEING COMPANY THE rating is 188.97 USD. The price registered an increase of +2.24% on the session and was traded between 186.66 USD and 189.60 USD over the period. The price is currently at +1.24% from its lowest and -0.33% from its highest.186.66
189.60
188.97
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BOEING COMPANY THE:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BOEING COMPANY THE in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 180.59 | 184.49 | 187.39 | 188.97 | 189.31 | 192.63 | 195.07 |
| Change (%) | -4.43% | -2.37% | -0.84% | - | +0.18% | +1.94% | +3.23% |
| Change | -8.38 | -4.48 | -1.58 | - | +0.34 | +3.66 | +6.10 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 179.76 | 181.00 | 182.91 | 184.15 | 186.06 | 187.30 | 189.21 |
| Camarilla | 183.96 | 184.25 | 184.54 | 184.83 | 185.12 | 185.41 | 185.70 |
| Woodie | 180.11 | 181.17 | 183.26 | 184.32 | 186.41 | 187.47 | 189.56 |
| Fibonacci | 181.00 | 182.20 | 182.94 | 184.15 | 185.35 | 186.09 | 187.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 174.26 | 178.23 | 181.53 | 185.50 | 188.80 | 192.77 | 196.07 |
| Camarilla | 182.83 | 183.50 | 184.16 | 184.83 | 185.50 | 186.16 | 186.83 |
| Woodie | 173.93 | 178.06 | 181.20 | 185.33 | 188.47 | 192.60 | 195.74 |
| Fibonacci | 178.23 | 181.01 | 182.72 | 185.50 | 188.28 | 189.99 | 192.77 |
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): | 65.87 | |
| MACD (12,26,9): | 0.6700 | |
| Directional Movement: | 19.57 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 186.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 182.23 | |
| Elder Ray (13): | 2.62 | |
| Super Trend (3,10): | 183.01 | |
| Zig ZAG (10): | 188.91 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 77.89 | |
| TEMA (21): | 185.78 | |
| Williams %R (14): | -5.89 | |
| Chande Momentum Oscillator (20): | 3.61 | |
| Repulse (5,40,3): | 1.6400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.28 |
| MA7: | 185.01 | |
| MA20: | 182.00 | |
| MA50: | 180.01 | |
| MA100: | 184.13 | |
| MAexp7: | 185.86 | |
| MAexp20: | 185.07 | |
| MAexp50: | 183.40 | |
| MAexp100: | 182.15 | |
| Price / MA7: | +2.14% | |
| Price / MA20: | +3.83% | |
| Price / MA50: | +4.98% | |
| Price / MA100: | +2.63% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +2.11% | |
| Price / MAexp50: | +3.04% | |
| Price / MAexp100: | +3.74% |
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 plead guilty to criminal fraud charge | BBC News
- 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
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 - 1H