Boeing stock: buy or sell
Updated on:
Jan 27th, 2021
1
Boeing stock brief
- Boeing closed on Tuesday at $202.06 (-0.64%) prior to reporting financial results next April at 08:00
- It's been 4 consecutive sessions in negative for Boeing, loosing a -2.58%
- Boeing posted its earnings report on Wednesday
Should I buy Boeing stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $BA stock a buy?
In the current situation of Boeing there is not any eligible buy setup. This doesn't mean $BA will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Boeing stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies help us to avoid rash decisions based on our personal moods or the buzz that surrounds the market. When selling, as well as buying, our setups are very easy to follow and are only valid for selling stocks in your porfolio, not for selling short $BA stock
As a rule of thumb, you should never mantain an investment that leads to higher than expected losses at the time of purchase. The moment to sell shares should always be dictated by the stop-loss (automatic or manual)
Is it time to sell Boeing stock?
In the current situation of Boeing there is not any eligible sell setup, so Boeing stock holders with operations in green can keep their positions
Boeing ratings
In the last 30 days, just one rating was published for Boeing
| Brokerage firm | Rating |
|---|---|
| Jan 4th, 2021 | |
| Sanford C. Bernstein | |
Boeing stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
The price is moving very close to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a bullish indicator, as price can move in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 in early December after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Tuesday was 40.32. Boeing stock tanked a 14.59% since then
Boeing stock price history
Boeing went public priced at an adjusted price1 of $0.19 on Jan 1962. Since then, BA stock has risen by 106,247.37%, with an average of 1,800.80% per year. An investment of thousand dollars on the IPO would be valued $1,063,473.68 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Boeing stock
Nobody knows how much a share will be priced in the future. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.
The following table shows the price forecasts released by analysts over the last 30 days. If you are a small investor you don't have to invest based on these predictions.
There is just one price target available for Boeing that predicts a price of $199.00.
| Brokerage firm | Price target |
|---|---|
| Jan 4th, 2021 | |
| Sanford C. Bernstein | $221.00 → $199.00 |
Earnings and financials
Boeing ($BA) hosted the earnings call and posted the report on Wednesday.
This compares to Earnings of $-2.33 per share same quarter last year, so posted EPS is 100.00%. Turnover tanked a -29.23% on an annualized basis in the , from $199.8B to $141.4B last quarter.Boeing ($BA) will host the earnings call next April.
Boeing performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Boeing ($BA) | -8.00% | 22.50% | 19.90% |
Important:
The comments expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have any knowledge of the individual situations of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are published for learning purposes onlyBoeing summary
| Tuesday, January 26th, 2021 | |
|---|---|
| Open | $205.34 |
| Close | $202.06 |
| Day range | $201.79 - $208.35 |
| Previous close | $203.36 |
| Session gain | -0.64% |
| Average true range | $7.13 |
| 50d mov avg | $214.78 |
| 100d mov avg | $188.55 |
| 200d mov avg | $176.13 |
| Earnings date | April 28th, 2021 |