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Boeing Co/The Crosses Above its 10-day MA (BA)

By David Diaz

Today, shares of Boeing Co/The (NYSE:BA) have crossed bullishly above their 10-day moving average of $360.99 on a volume of 3.0 million shares. This may provide swing traders with 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 $374.31, 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Boeing Co/The and will alert subscribers who have BA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses boeing co/the

Ticker(s): BA