$BA The Boeing Company Stock Robo Analyst June 12 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. The new level of support is at 165.76.

The stock has support at 165.76 and 147.18. If the stock breaks down through support at 165.76 then it will probably continue lower to 147.18. The stock has resistance at 186.48 and at 218.92. If the stock breaks up through resistance at 186.48 then it will probably continue higher to 218.92. The 200-day moving average is at 279.18. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (78.75), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”