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Advanced TA SearchArchive
- 4/12/2024 -
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Boeing Company (BA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Boeing Company (BA). During the week, the BA dropped -13.59 points, or -7.42%, and closed at 169.55 on Friday, April 12, 2024. Weekly volume was 28% above 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 chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (132.53) 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 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 169.37 on April 12, 2024. BA lost 98.17 points, or 36.69%, in 16 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See BA weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish 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. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since January 19, 2024. This is an indication that the medium-term trend is down. 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 March 25, 2024 at 196.18 and reached 169.37 on April 12, 2024. BA lost 26.81 points, or 13.67%, in 18 days. Price is near the trend low.
 Daily Technical Indicators: [See BA daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish 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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