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Bullish Moving Average Cross by Boeing Co/The (BA)

By Shiri Gupta

Boeing Co/The (NYSE:BA) crossed over its 10-day moving average of $375.55 on a volume of 1.7 million 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 $376.88, 29% 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 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