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Boeing Crosses Above its 10-day MA (BA)

By Shiri Gupta

Boeing (NYSE:BA) shares have crossed bullishly above their 10-day moving average of $133.89 on a volume of 774K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Boeing have traded between a low of $102.10 and a high of $150.59 and are now at $134.10, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.0%.

SmarTrend is monitoring the recent change of momentum in Boeing. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Boeing in search of a potential trend change.

Keywords: moving crosses Boeing

Ticker(s): BA