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Boeing Crosses Below its 10-day MA (BA)

By James Quinn

Boeing (NYSE:BA) crossed under its 10-day moving average of $177.69 on a volume of 395K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Boeing has traded in a range of $102.10 to $185.71 and is now at $177.29, 74% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses Boeing

Ticker(s): BA