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Boeing Co/The Bullish Moving Average Crossover Alert (BA)

By Amy Schwartz

Boeing Co/The (NYSE:BA) shares have crossed bullishly above their 10-day moving average of $332.15 on a volume of 720K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Boeing Co/The share prices have been bracketed by a low of $292.47 and a high of $446.01 and are now at $337.38, 15% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Boeing Co/The on July 26th, 2019 by issuing a Downtrend alert when the shares were trading at $345.21. Since that call, shares of Boeing Co/The have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses boeing co/the

Ticker(s): BA