Taking this into account, DZ Bank downgraded its Boeing Co. [BA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early September from “an Equal weight” to “an Underweight”. Bernstein also remained covering BA and reiterated its “an Outperform” recommendation on August 05, 2024. Argus revised its rating on April 30, 2024. It rated BA as “a Hold” which previously was an “a Buy”.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance Review of BA
On Tuesday, Boeing Co. [NYSE:BA] saw its stock jump 2.26% to $152.35. Over the last five days, the stock has lost -1.49%. Boeing Co. shares have fallen nearly -41.55% since the year began. Nevertheless, the stocks have fallen -17.61% over the past one year. While a 52-week high of $267.54 was reached on 01/02/24, a 52-week low of $146.02 was recorded on 10/14/24. SMA at 50 days reached $161.61, while 200 days put it at $183.35.
Levels Of Support And Resistance For BA Stock
The 24-hour chart illustrates a support level at 149.28, which if violated will result in even more drops to 146.22. On the upside, there is a resistance level at 154.68. A further resistance level may holdings at 157.02. The Relative Strength Index (RSI) on the 14-day chart is 45.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.31%. Stochastics %K at 37.03% indicates the stock is a holding.
How much short interest is there in Boeing Co.?
A steep rise in short interest was recorded in Boeing Co. stocks on 2024-09-30, growing by 0.42 million shares to a total of 12.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 12.34 million shares. There was a rise of 3.27%, which implies that there is a positive sentiment for the stock.
