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 - 1H - Technical analysis published on 09/09/2024 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 169.97 USD
My targets
153.01 USD (-6.47%)
148.41 USD (-9.28%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 169.97 USD remains possible. It is advisable to trade BOEING COMPANY THE with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 169.97 USD. The next bearish objective for sellers is set at 153.01 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 148.41 USD. In case of crossing, the next objective would be the support located at 140.32 USD. PS: if there is a bullish break in the resistance located at 169.97 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6

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. Daily Weekly

Additional analysis

Quotes

The BOEING COMPANY THE price is 163.59 USD. On the day, this instrument gained +3.79% and was between 161.11 USD and 164.55 USD. This implies that the price is at +1.54% from its lowest and at -0.58% from its highest.

161.11
164.55
163.59

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BOEING COMPANY THE:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BOEING COMPANY THE chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 96.58 115.86 140.32 163.59 164.33 169.97 177.73
Change (%) -40.96% -29.18% -14.22% - +0.45% +3.90% +8.64%
Change -67.01 -47.73 -23.27 - +0.74 +6.38 +14.14
Level Major Minor Intermediate - Major Intermediate 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
Standard149.11152.91155.26159.06161.41165.21167.56
Camarilla155.93156.49157.06157.62158.18158.75159.31
Woodie148.40152.55154.55158.70160.70164.85166.85
Fibonacci152.91155.26156.71159.06161.41162.86165.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.11148.41153.01161.31165.91174.21178.81
Camarilla154.07155.26156.44157.62158.80159.99161.17
Woodie138.27147.49151.17160.39164.07173.29176.97
Fibonacci148.41153.33156.38161.31166.23169.28174.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard131.77147.13160.44175.80189.11204.47217.78
Camarilla165.86168.48171.11173.74176.37179.00181.62
Woodie130.74146.62159.41175.29188.08203.96216.75
Fibonacci147.13158.09164.85175.80186.76193.52204.47

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): 54.93
MACD (12,26,9): -1.7900
Directional Movement: 6.20
AROON (14): -71.43
DEMA (21): 158.41
Parabolic SAR (0,02-0,02-0,2): 156.70
Elder Ray (13): 2.78
Super Trend (3,10): 162.67
Zig ZAG (10): 162.11
VORTEX (21): 0.9400
Stochastique (14,3,5): 34.60
TEMA (21): 158.50
Williams %R (14): -17.32
Chande Momentum Oscillator (20): 2.96
Repulse (5,40,3): 0.3000
ROCnROLL: -1
TRIX (15,9): -0.1800
Courbe Coppock: 4.57
MA7: 164.79
MA20: 170.09
MA50: 176.27
MA100: 177.16
MAexp7: 160.71
MAexp20: 161.11
MAexp50: 164.68
MAexp100: 167.90
Price / MA7: -0.73%
Price / MA20: -3.82%
Price / MA50: -7.19%
Price / MA100: -7.66%
Price / MAexp7: +1.79%
Price / MAexp20: +1.54%
Price / MAexp50: -0.66%
Price / MAexp100: -2.57%

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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