In a filing, Boeing Co revealed its Officer Theodore Colbert III acquired Company’s shares for reported $1.51 million on Nov 26 ’24. In the deal valued at $150.76 per share,10,000 shares were bought.
Barclays upgraded its Boeing Co [BA] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $210 from $190. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in mid December from “a Sell” to “a Neutral”. Bernstein also remained covering BA and has decreased its forecast on October 30, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Bernstein maintained its rating on October 17, 2024. It rated BA as “an Outperform”.
Price Performance Review of BA
On Tuesday, Boeing Co [NYSE:BA] saw its stock jump 1.01% to $172.51. Over the last five days, the stock has lost -2.29%. Boeing Co shares have fallen nearly -2.54% since the year began. Nevertheless, the stocks have fallen -30.72% over the past one year. While a 52-week high of $233.85 was reached on 01/02/25, a 52-week low of $137.03 was recorded on 01/03/25. SMA at 50 days reached $159.20, while 200 days put it at $169.42.
Levels Of Support And Resistance For BA Stock
The 24-hour chart illustrates a support level at 170.53, which if violated will result in even more drops to 168.56. On the upside, there is a resistance level at 174.75. A further resistance level may holdings at 177.00. The Relative Strength Index (RSI) on the 14-day chart is 56.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.78%. Stochastics %K at 24.24% 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 2024-12-13, growing by 0.33 million shares to a total of 22.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 22.55 million shares. There was a rise of 1.44%, which implies that there is a positive sentiment for the stock.
