Boeing is neutral

Our pivot point stands at 172.3.

Our preference

Look for a drop towards 172.3 before a bounce.

Alternative scenario

Below 172.3, expect 161.9 and 155.5.

Comment

The RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the stock is below its 20 day moving average (182.1015) but above its 50 day moving average (178.2936).

Supports and resistances

216.5 **

210.1 *

203.6 **

197.3

182.01 (USD-last)

176.5

172.3 **

161.9 *

155.5 **

Number of asterisks represents the strength of support and resistance levels.