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S&P 500 Overbought StocksArchive - 2/14/2025 - Sign In to see current Signals. |
Boeing Company (BA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Boeing Company (BA). During the week, the BA gained 2.90 points, or 1.60%, and closed at 184.40 on Friday, February 14, 2025. Weekly volume was -34% 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 141.50 and resistance is at 263.01. 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 (127.47) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BA may retest the broken resistance line. It is considered to be a support line now. 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 Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range 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 and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See BA short-term trend chart] A short-term uptrend had started on February 11, 2025 at 177.60 and reached 188.20 on February 13, 2025. BA gained -10.60 points, or -5.97%, in 2 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See BA daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. The daily MACD line is above its signal line since February 4, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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