BOEING COMPANY THE

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	BA
ISIN:

BOEING COMPANY THE - Daily - Technical analysis published on 10/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

33%

My opinion

Bearish under 164.11 USD

My targets

156.02 USD (-2.55%)

146.62 USD (-8.42%)

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 164.11 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 164.11 USD. The next bearish objective for sellers is set at 156.02 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 146.62 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 164.11 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

Comment on the analysis

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.

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Additional analysis

Quotes

The BOEING COMPANY THE price is 160.10 USD. The price registered an increase of +3.29% on the session and was traded between 158.36 USD and 163.44 USD over the period. The price is currently at +1.10% from its lowest and -2.04% from its highest.

158.36

163.44

160.10

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BOEING COMPANY THE indicates that the overall trend is bearish. 67.86% 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 a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	140.32	146.62	156.02	160.10	164.11	179.83	190.87
Change (%)	-12.35%	-8.42%	-2.55%	-	+2.50%	+12.32%	+19.22%
Change	-19.78	-13.48	-4.08	-	+4.01	+19.73	+30.77
Level	Intermediate	Major	Intermediate	-	Intermediate	Minor	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	151.34	152.62	153.81	155.09	156.28	157.56	158.75
Camarilla	154.32	154.55	154.77	155.00	155.23	155.45	155.68
Woodie	151.30	152.60	153.77	155.07	156.24	157.54	158.71
Fibonacci	152.62	153.56	154.15	155.09	156.03	156.62	157.56

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	137.18	141.60	148.30	152.72	159.42	163.84	170.54
Camarilla	151.94	152.96	153.98	155.00	156.02	157.04	158.06
Woodie	138.32	142.17	149.44	153.29	160.56	164.41	171.68
Fibonacci	141.60	145.85	148.47	152.72	156.97	159.59	163.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	127.29	139.27	145.65	157.63	164.01	175.99	182.37
Camarilla	146.99	148.67	150.36	152.04	153.72	155.41	157.09
Woodie	124.50	137.87	142.86	156.23	161.22	174.59	179.58
Fibonacci	139.27	146.28	150.61	157.63	164.64	168.97	175.99

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):	56.36
MACD (12,26,9):	-1.3200
Directional Movement:	10.26
AROON (14):	35.71
DEMA (21):	152.13
Parabolic SAR (0,02-0,02-0,2):	146.46
Elder Ray (13):	6.65
Super Trend (3,10):	160.33
Zig ZAG (10):	160.03
VORTEX (21):	1.0100
Stochastique (14,3,5):	74.47
TEMA (21):	154.22
Williams %R (14):	-20.03
Chande Momentum Oscillator (20):	9.43
Repulse (5,40,3):	0.2200
ROCnROLL:	-1
TRIX (15,9):	-0.2500
Courbe Coppock:	0.29

MA7:	153.90
MA20:	153.39
MA50:	160.82
MA100:	170.86
MAexp7:	155.00
MAexp20:	154.70
MAexp50:	160.10
MAexp100:	167.98
Price / MA7:	+4.03%
Price / MA20:	+4.37%
Price / MA50:	-0.45%
Price / MA100:	-6.30%
Price / MAexp7:	+3.29%
Price / MAexp20:	+3.49%
Price / MAexp50:	-0%
Price / MAexp100:	-4.69%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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