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S&P 500 Overbought StocksArchive - 5/8/2026 - 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 first positive week for the Boeing Company (BA). During the week, the BA gained 9.98 points, or 4.39%, and closed at 237.36 on Friday, May 8, 2026. Weekly volume was -17% below average.
Long-term trend: [See BA long-term trend chart] A long-term uptrend had started on April 7, 2025 at 128.90 and reached 254.35 on January 27, 2026. BA gained -125.45 points, or -97.32%, in 42 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 211.09 and resistance is at 260.97. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See BA medium-term trend chart] A medium-term uptrend had started on March 30, 2026 at 187.72 and reached 238.54 on May 8, 2026. BA gained -50.82 points, or -27.07%, in 5 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 223.03 and resistance is at 250.67. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See BA weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 May 4, 2026 at 221.04 and reached 238.54 on May 8, 2026. BA gained -17.50 points, or -7.92%, in 4 days. The price is now at the 6.74% retracement level.
Daily Technical Indicators: [See BA daily technical indicators chart] Daily technical indicators are neutral. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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. The daily MACD line is above its signal line since May 7, 2026. 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. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.
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