BOEING COMPANY THE - 1H - Technical analysis published on 03/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 202.13 USD
My targets
199.11 USD (-0.81%)
197.03 USD (-1.85%)
My analysis
The bearish basic trend is very strong on BOEING COMPANY THE but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 202.13 USD. Crossing the first support at 199.11 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 197.03 USD as an objective. Crossing it would then enable sellers to target 195.07 USD. Caution, a return to above the resistance located at 202.13 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.6
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Additional analysis
Quotes
The BOEING COMPANY THE price is 200.74 USD. The price is lower by -0.20% since the last closing with the lowest point at 199.86 USD and the highest point at 202.08 USD. The deviation from the price is +0.44% for the low point and -0.66% for the high point.199.86
202.08
200.74
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BOEING COMPANY THE:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BOEING COMPANY THE in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 195.07 | 197.03 | 199.11 | 200.74 | 202.13 | 204.02 | 207.18 |
Change (%) | -2.82% | -1.85% | -0.81% | - | +0.69% | +1.63% | +3.21% |
Change | -5.67 | -3.71 | -1.63 | - | +1.39 | +3.28 | +6.44 |
Level | Major | Major | Minor | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 194.79 | 196.75 | 198.94 | 200.90 | 203.09 | 205.05 | 207.24 |
Camarilla | 200.00 | 200.38 | 200.76 | 201.14 | 201.52 | 201.90 | 202.28 |
Woodie | 194.92 | 196.81 | 199.07 | 200.96 | 203.22 | 205.11 | 207.37 |
Fibonacci | 196.75 | 198.33 | 199.31 | 200.90 | 202.48 | 203.46 | 205.05 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 187.55 | 193.28 | 196.64 | 202.37 | 205.73 | 211.46 | 214.82 |
Camarilla | 197.50 | 198.33 | 199.17 | 200.00 | 200.83 | 201.67 | 202.50 |
Woodie | 186.37 | 192.69 | 195.46 | 201.78 | 204.55 | 210.87 | 213.64 |
Fibonacci | 193.28 | 196.75 | 198.90 | 202.37 | 205.84 | 207.99 | 211.46 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 178.22 | 187.69 | 195.70 | 205.17 | 213.18 | 222.65 | 230.66 |
Camarilla | 198.91 | 200.52 | 202.12 | 203.72 | 205.32 | 206.93 | 208.53 |
Woodie | 177.50 | 187.33 | 194.98 | 204.81 | 212.46 | 222.29 | 229.94 |
Fibonacci | 187.69 | 194.36 | 198.49 | 205.17 | 211.84 | 215.97 | 222.65 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 48.10 | |
MACD (12,26,9): | -0.3000 | |
Directional Movement: | -4.49 | |
AROON (14): | 42.86 | |
DEMA (21): | 200.65 | |
Parabolic SAR (0,02-0,02-0,2): | 199.47 | |
Elder Ray (13): | -0.44 | |
Super Trend (3,10): | 203.87 | |
Zig ZAG (10): | 201.04 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 55.93 | |
TEMA (21): | 200.66 | |
Williams %R (14): | -46.99 | |
Chande Momentum Oscillator (20): | 0.05 | |
Repulse (5,40,3): | 0.0300 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0300 | |
Courbe Coppock: | 0.85 |
MA7: | 202.09 | |
MA20: | 203.96 | |
MA50: | 216.55 | |
MA100: | 214.79 | |
MAexp7: | 200.87 | |
MAexp20: | 201.08 | |
MAexp50: | 201.73 | |
MAexp100: | 202.82 | |
Price / MA7: | -0.67% | |
Price / MA20: | -1.58% | |
Price / MA50: | -7.30% | |
Price / MA100: | -6.54% | |
Price / MAexp7: | -0.06% | |
Price / MAexp20: | -0.17% | |
Price / MAexp50: | -0.49% | |
Price / MAexp100: | -1.03% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on BOEING COMPANY THE at the time of the analysis were as follows:
- U.S. Space Force Awards Boeing WGS-12 Communications Satellite Production Contract
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against The Boeing Company - BA
- BOEING SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Boeing Company - BA
- Boeing given 90 days to produce improved safety and quality control plan
- Boeing given 90 days to produce improved safety and quality control plan
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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