BOEING COMPANY THE - 1H - Technical analysis published on 07/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 183.86 USD
My targets
167.60 USD (-4.95%)
158.31 USD (-10.21%)
My analysis
BOEING COMPANY THE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 183.86 USD. The next support located at 167.60 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 158.31 USD. Below this support, sellers could then target 142.97 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BOEING COMPANY THE price is 176.32 USD. The price is lower by -1.43% since the last closing and was between 175.51 USD and 181.58 USD. This implies that the price is at +0.46% from its lowest and at -2.90% from its highest.175.51
181.58
176.32
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BOEING COMPANY THE in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
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 | 158.31 | 167.60 | 175.68 | 176.32 | 189.92 | 208.30 | 218.79 |
| Change (%) | -10.21% | -4.95% | -0.36% | - | +7.71% | +18.14% | +24.09% |
| Change | -18.01 | -8.72 | -0.64 | - | +13.60 | +31.98 | +42.47 |
| Level | Major | Major | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 170.24 | 174.45 | 176.66 | 180.87 | 183.08 | 187.29 | 189.50 |
| Camarilla | 177.12 | 177.70 | 178.29 | 178.88 | 179.47 | 180.06 | 180.65 |
| Woodie | 169.25 | 173.95 | 175.67 | 180.37 | 182.09 | 186.79 | 188.51 |
| Fibonacci | 174.45 | 176.90 | 178.41 | 180.87 | 183.32 | 184.83 | 187.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 154.99 | 165.63 | 173.22 | 183.86 | 191.45 | 202.09 | 209.68 |
| Camarilla | 175.80 | 177.47 | 179.14 | 180.81 | 182.48 | 184.15 | 185.82 |
| Woodie | 153.47 | 164.87 | 171.70 | 183.10 | 189.93 | 201.33 | 208.16 |
| Fibonacci | 165.63 | 172.59 | 176.90 | 183.86 | 190.82 | 195.13 | 202.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.85 | 97.70 | 140.50 | 187.35 | 230.15 | 277.00 | 319.80 |
| Camarilla | 158.65 | 166.86 | 175.08 | 183.30 | 191.52 | 199.74 | 207.95 |
| Woodie | 48.83 | 96.69 | 138.48 | 186.34 | 228.13 | 275.99 | 317.78 |
| Fibonacci | 97.70 | 131.95 | 153.10 | 187.35 | 221.60 | 242.75 | 277.00 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.75 | |
| MACD (12,26,9): | -1.3400 | |
| Directional Movement: | -9.44 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 179.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 183.93 | |
| Elder Ray (13): | -4.25 | |
| Super Trend (3,10): | 184.36 | |
| Zig ZAG (10): | 176.05 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 8.13 | |
| TEMA (21): | 178.13 | |
| Williams %R (14): | -95.09 | |
| Chande Momentum Oscillator (20): | -10.22 | |
| Repulse (5,40,3): | -1.6600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 5.56 |
| MA7: | 183.22 | |
| MA20: | 185.14 | |
| MA50: | 161.74 | |
| MA100: | 176.95 | |
| MAexp7: | 179.73 | |
| MAexp20: | 180.85 | |
| MAexp50: | 181.79 | |
| MAexp100: | 182.11 | |
| Price / MA7: | -3.77% | |
| Price / MA20: | -4.76% | |
| Price / MA50: | +9.01% | |
| Price / MA100: | -0.36% | |
| Price / MAexp7: | -1.90% | |
| Price / MAexp20: | -2.50% | |
| Price / MAexp50: | -3.01% | |
| Price / MAexp100: | -3.18% |
Quotes :
2020-07-08 16:08:38
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15 min delayed data
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NYSE Stocks
News
The last news published on BOEING COMPANY THE at the time of the generation of this analysis was as follows:
- Boeing to Release Second-Quarter Results on July 29
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Boeing to begin testing new 737 MAX jet
This member declared not having a position on this financial instrument or a related financial instrument.
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