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Boeing Co/The (BA) Approaches New Upside Target of $361.45

By Nick Russo

Boeing Co/The (NYSE:BA) has opened bullishly above the pivot of $351.02 today and has reached the first level of resistance at $357.43. Investors may be interested in a cross of the next upside pivot targets of $361.45 and $371.89.

Boeing Co/The share prices have moved between a 52-week high of $374.48 and a 52-week low of $237.09 and are now trading 51% above that low price at $358.33 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.2%.

There is potential upside of 11.2% for shares of Boeing Co/The based on a current price of $358.33 and an average consensus analyst price target of $398.62. The stock should find initial support at its 50-day moving average (MA) of $348.33 and further support at its 200-day MA of $336.21.

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: pivot alerts boeing co/the

Ticker(s): BA