The Greedy Trader Weekly Analysis
Sign In Jul 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Boeing Company
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorBroken trend resistance lineBroken trend resistance line
Daily :Lane's Stochastic is overboughtPrice has crossed above the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week after 4 consecutive negative weeks for the Boeing Company (BA). During the week, the BA gained 16.15 points, or 4.83%, and closed at 350.79 on Friday, July 13, 2018. It was the best weekly gain since February 16, 2018. Weekly volume was -36% below average.

BA is a member of Industrial Goods Sector. Industrial Goods is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BA long-term trend chart]
A long-term uptrend had started on March 3, 2009 at 29.05 and reached 374.48 on June 7, 2018. BA gained -345.43 points, or -1189.09%, in 483 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (126.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See BA medium-term trend chart]
A medium-term downtrend had started on June 7, 2018 at 374.48 and reached 327.29 on June 28, 2018. BA lost 47.19 points, or 12.60%, in 3 weeks. The chart has formed a Falling Pennant chart pattern. The downtrend resistance line (331.82) 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 technical indicators are neutral.

The weekly MACD line is below its signal line since March 16, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 June 28, 2018 at 327.29 and reached 351.24 on July 13, 2018. BA gained -23.95 points, or -7.32%, in 15 days. Price is near the trend high.

Daily Technical Indicators: [See BA daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.96
Williams' Percentage Range (W%R) 42.60
Lane's Stochastic (%D-Slow) 88.13
Overbought
Greed/Fear Indicator (GFI) 69.14
Moving Average Converg./Diverg. (MACD) -3.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.82
Williams' Percentage Range (W%R) 43.40
Lane's Stochastic (%D-Slow) 45.72
Greed/Fear Indicator (GFI) 51.43
Moving Average Converg./Diverg. (MACD) 16.61
Trading Signals
Description Value Chart
Upper Bollinger Band 358.74
Price 350.79
Daily Stochastic Crossing 348.35
50 Day Moving Average 348.24
Weekly Stochastic Crossing 343.96
20 Day Moving Average 339.94
Monthly Trendline Support 331.82
Parabolic System 330.70
Lower Bollinger Band 327.68
Monthly Trendline Resistance 320.60
Sector and Industry
Description Name Rank
Sector Industrial Goods 2
Industry Aerospace/Defense-Maj Dvd 24
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 329.10
Low Date 07/05/2018
High 351.24
High Date 07/13/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 327.29
Low Date 06/28/2018
High 351.24
High Date 07/13/2018
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 320.60
Support 331.82
High 374.48
High Date 06/07/2018
Low 327.29
Low Date 06/28/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.10
Low Date 02/11/2016
High 374.48
High Date 06/07/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 223.83
Support 126.87
Low 29.05
Low Date 03/03/2009
High 374.48
High Date 06/07/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.