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- 1 Boeing Co stock price is currently trading at $238 with a drop of 2.98% in the last 24 hours.
- 2 BA has a current market cap of $143.713 Billion.
- 3 Boeing Shift the Starliner plan to March.
Boeing Co stock price impressed the market in the previous trading session In the past month, BA stock price reflected an unusual upper movement. Moreover, the Starliner news gives it a pump and keeps surging the stock.
Technical Analysis of Boeing Stock Price in 1-D Timeframe
Boeing Co ( NYSE: BA) has steadily seen its stock price rise for the past three months, gaining 18.41% and 11.89% in the last month. Currently, BA stock is trading at $238.25 and has been trying to hold on to this level after an unexpected surge in price.
If it can keep this level, the Boeing Co price could continue to go up and reach the first and second targets of $242.00 and $248.00. However, if the BA price cannot maintain this level and falls, then it might hit the closest support levels of $223.00 and $208.00.
Currently, Boeing Co stock (NYSE: BA) is trading above the 50 and 200-day SMAs (Simple moving averages), which are supporting the price momentum.
However, if buying volume adds up then the price might support momentum by making higher highs and new highs. Hence, the BA price is expected to move upward giving bullish views over the daily time frame chart.
The current value of RSI is 64.06 points. The 14 SMA is above the median line at 65.88 points which indicates that the Boeing Co stock is bullish.
The MACD line at 4.43 and the signal line at 4.85 are above the zero line. A bearish crossover is observed in the MACD indicator which signals weakness in the momentum of the BA stock price.
Summary
Boeing Co (NYSE: BA) suggests that the investors and traders of the share price are bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment. The technical oscillators of the BA stock price also support the bullish trend. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the BA stock price.
Technical Levels
- Support Levels: The nearest support levels for the Boeing Co stock price are $223.00 and $208.00.
- Resistance levels: The nearest resistance levels for the BA stock price are $242.00 and $248.00.
Disclaimer
The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
