The Boeing Company (BA) Closes Last Hour Down $-1.26; Moves Up For the 2nd Day In A Row, Eyes 100 Day Average

The Hourly View for BA

Last Updated September 15, 2020, 23:15 GMT

Currently, BA’s price is down $-0.04 (-0.02%) from the hour prior. The hourly chart shows that BA has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Boeing Co Daily Price Recap

Boeing Co closed the day prior up 3.2% ($5.12); this denotes the 2nd day in a row an upward move has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 17.14% from the day prior, and up 4.37% from the same day the week before. Here is a daily price chart of Boeing Co.


Boeing Co Technical Analysis

Coming into today Boeing Co is now close to its 100 day averages, located at 165.65 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Boeing Co’s price has gone up 15 of the previous 30 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to BA:

    $SAVE $AAL $BA $DAL $UAL Jim Cramer: “What deal can we have, Crazy Nancy? I’m sorry, that was the president. I have such reverence for the office. I would never use that term …”

    Pelosi: “But you just did. But you just did.”

    No executive action by POTUS, and no deal reached in Congress, but at least our government is providing free comedy rofl