The Greedy Trader Weekly Analysis
Sign In Sep 18, 2020
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Uptrend Support
Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.
Technical analysis of stock trend chart following long term trend analysis and trend following indicator for uptrend support trend trading. Technical analysis of stock trend and uptrend support trend trading.
trend trading,trend following,stock trend chart,technical analysis of stock trend,trend following indicator,following long term trend,uptrend support

Boeing Company (BA)

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Summary:
Weekly :Overbought sector
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldThe period of low volatility of the stock price
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It was the negative week for the Boeing Company (BA). During the week, the BA dropped -10.82 points, or -6.33%, and closed at 160.23 on Friday, September 11, 2020. It was the worst weekly loss since July 31, 2020. Weekly volume was -25% below average.

BA is a member of Industrials Sector. Industrials is the most overbought 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 downtrend had started on March 1, 2019 at 446.01 and reached 89.00 on March 18, 2020. BA lost 357.01 points, or 80.05%, in 54 weeks. The price is now at the 19.95% retracement level.

Medium-term trend: [See BA medium-term trend chart]
A medium-term uptrend had started on March 18, 2020 at 89.00 and reached 234.20 on June 8, 2020. BA gained -145.20 points, or -163.15%, in 11 weeks. The price is now at the 50.94% retracement level.

Weekly Technical Indicators: [See BA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 29, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 August 27, 2020 at 181.31 and reached 156.32 on September 11, 2020. BA lost 24.99 points, or 13.78%, in 15 days. The price is now at the 15.65% retracement level.

Daily Technical Indicators: [See BA daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since September 2, 2020. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

The distance between the Bollinger Bands is falling, and it was 14.4% on Friday. It is 56.07% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.03
Williams' Percentage Range (W%R) 93.30
Strong Oversold
Lane's Stochastic (%D-Slow) 15.58
Oversold
Greed/Fear Indicator (GFI) 21.78
Moving Average Converg./Diverg. (MACD) -1.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.71
Williams' Percentage Range (W%R) 63.30
Lane's Stochastic (%D-Slow) 38.18
Greed/Fear Indicator (GFI) 39.49
Moving Average Converg./Diverg. (MACD) -23.75
Trading Signals
Description Value Chart
Upper Bollinger Band 180.13
50 Day Moving Average 172.82
Parabolic System 170.82
20 Day Moving Average 169.99
Weekly Stochastic Crossing 167.84
Price 160.23
Daily Stochastic Crossing 158.60
Lower Bollinger Band 157.04
Sector and Industry
Description Name Rank
Sector Industrials 11
Industry Aerospace & Defense 42
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 181.31
High Date 08/27/2020
Low 156.32
Low Date 09/11/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 189.97
High Date 08/11/2020
Low 156.32
Low Date 09/11/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 234.20
High Date 06/08/2020
Low 153.41
Low Date 08/03/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 89.00
Low Date 03/18/2020
High 234.20
High Date 06/08/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 446.01
High Date 03/01/2019
Low 89.00
Low Date 03/18/2020
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.

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