|
Downtrend Broken Resist.Archive - 1/10/2025 - Sign In to see current Signals. |
Boeing Company (BA) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Boeing Company (BA). During the week, the BA gained 2.10 points, or 1.24%, and closed at 172.00 on Friday, January 10, 2025. Weekly volume was -17% below average. Long-term trend: [See BA long-term trend chart] A long-term uptrend had started on March 18, 2020 at 89.00 and reached 278.57 on March 15, 2021. BA gained -189.57 points, or -213%, in 51 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 140.48 and resistance is at 263.39. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend. Medium-term trend: [See BA medium-term trend chart] A medium-term downtrend had started on December 21, 2023 at 267.54 and reached 137.20 on November 14, 2024. BA lost 130.34 points, or 48.72%, in 47 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (131.30) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See BA weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since November 29, 2024. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help. Short-term trend: [See BA short-term trend chart] A short-term downtrend had started on December 26, 2024 at 182.60 and reached 167.40 on January 10, 2025. BA lost 15.20 points, or 8.32%, in 15 days. The price is now at the 30.26% retracement level. Daily Technical Indicators: [See BA daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since December 31, 2024. This is an indication that the short-term trend is down. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|