$BA The Boeing Company Stock Robo Analyst June 8 2020 #BA

The Boeing Company (BA) “On a long-term technical basis, the stock (BA) is trading below its 200-day moving average which generally implies it is in a negative trend. If the new level of support at 186.48 holds, look for a bounce to the next resistance level at 222.76. If the stock breaks up through resistance at 222.76 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 186.48 and 170.79. If the stock breaks down through support at 186.48 then it will probably continue lower to 170.79. The stock has resistance at 222.76 and at 282.13. If the stock breaks up through resistance at 222.76 then it will probably continue higher to 282.13. The 200-day moving average is at 282.13. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (89.54).”