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Stock Charts AI Power Rank: 8.5
Power Rank trend -> Rising
07/26/2024 16:23:00 EST
The Boeing Company (BA)
Industry: Aerospace & Defense
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, BA has been trading in a range between $186.70 and $178.90 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
BA is trading between resistance at $187.50 about 0% to the upside and support at $179.67 -4% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $207.00, about a 11% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
The Boeing Company $BA entered a Green zone 2 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $232.63, a potential upside of 24.47% from the recent price of 186.89. The stock is trading 43.15% (potential upside) below its 52 week high of $267.54 and 17.03 % (potential downside) above its 52 week low of $159.70 - based on the recent price.
Company Summary
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as provides fleet support services.
News
| Why Boeing (BA) Outpaced the Stock Market Today In the latest trading session, Boeing (BA) closed at $186.89, marking a +1.38% move from the previous day. Source: Zacks Investment Research Fri, 26 Jul 2024 18:52:26 -0400 Sentiment: Positive |
| Airbus and Boeing supremacy secure despite turbulence Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their domination of the commercial airliner market. Source: TechXplore Fri, 26 Jul 2024 16:03:38 -0400 Sentiment: Neutral |
| Exclusive: Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens Boeing is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S. planemaker widens checks for false paperwork used to authenticate the metal used in commercial jets. Source: Reuters Fri, 26 Jul 2024 14:13:07 -0400 Sentiment: Negative |
| Boeing (BA) Stock Falls 29.5% YTD: What's Next for Its Investors? Boeing (BA) has been staggering for quite some time at the bourses due to persistent quality control issues with one of its major commercial programs amid soaring demand for its aftermarket services. Source: Zacks Investment Research Fri, 26 Jul 2024 10:45:44 -0400 Sentiment: Neutral |
| Countdown to Boeing (BA) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS Besides Wall Street's top -and-bottom-line estimates for Boeing (BA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024. Source: Zacks Investment Research Fri, 26 Jul 2024 10:20:48 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 267.54 52 Week Low: 159.7 Beta: 1.562 50 Day MA: 181.9538 200 Day MA: 197.994 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.68 Qtr Revenue Growth YOY: -0.075 Forward PE: 222.2222 Trailing PE: 0