[Music] is it time to buy or sell Boeing stock in this video we are diving deep into Boeing our initial report was published on our website on Tuesday the 3rd of September 2024 and now we are here to provide you with an even more detailed analysis remember to subscribe hit the like button and turn on the notification Bell to stay updated on our latest analysis you do not want to miss any crucial updates that could impact your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us tap into the power of AI and receive a free price prediction and in-depth analysis for anyone among 25,000 companies worldwide today please note that this video is for information AAL purposes only and should not be considered as Financial advice since the 3D of September 2024 our system has categorized Boeing as a strong cell candidate assigning it a score of Nega 5.02 now let us examine the Stock's performance during this time frame we will keep a close watch on this evaluation to observe how it develops in the upcoming days the stock is currently positioned at the lower end of a broad and declining Trend in the short term which often presents a favorable buying opportunity should the lower Trend floor at $18.54 be breached it would indicate a heightened rate of decline the current 3-month Trend indicates a potential decrease of approximately 8.37% over the next three months par with possible returns ranging from - 99.78% to positive 0.75% regarding the 12-month Trend it suggests a decline of around 16.25% over the next 12 months with a possible return that could range fromus 2762 to positive 2077 this implies a price range between $16.55 and $194 and4 6 after a year our latest daily update for Boeing features the headline Boeing stock price took a fall of 7.32% on Tuesday the Boeing stock price declined by 7.32% on the last trading day which was Tuesday the 3rd of September 2024 falling from $173.66 to $161.2 during that trading day the stock fluctuated by 7.14% with a low of $158 30 and a high of $169 60 the price has decreased in six of the last 10 days and is down by 10.37% for that period the trading volume increased on the last day by 14 million shares although this occurred alongside falling prices this may serve as an early warning indicating a slight increase in Risk over the next couple of days in total 17 million shares were bought and sold for approximately $271 billion over the past 52 weeks the highest stock price was $267 49 while the lowest price was $158 30 currently the price is 39.8% or $16.47 below the 52e high and 63.9% or $284.9 below the all-time high reached on the 1st of March 2019 when the price peaked at $446 and 1 cent Boeing stock experienced a significant decline today dropping by more than 8% and hitting a near 2-year low following a downgrade from Wells Fargo the analyst lowered Boeing's rating from equal weight to underweight expressing concerns about the company's long-term free cash flow and establishing a new price target of $119 this downgrade has added to Boeing's challenges with shares down 33% this year furthermore critical programs like the 777x are facing considerable delays due to thrust link failures which could impede certification and delivery schedules while former United Airlines CEO Oscar Munos believes investors shouldn't dismiss Boeing the immediate effect on the stock price appears negative reflecting deep Market skepticism in the short term the adverse sentiment and warnings from analysts could result in ongoing volatility however if Boeing can tackle its operational issues and regain investor confidence the long-term Outlook May improve alleviating some of the pressures on its stock price analyst ratings on Monday August 26th 2024 it was reported that Jeff assigned Boeing a buy rating with a hold action on the same day August 26th 2024 Bank of America Securities provided Boeing with a neutral rating accompanied by a hold action on Friday August 23rd 2024 seport Global rated Boeing with a buy and also recommended a hold action on Monday August 5th 2024 Bernstein gave Boeing an outperform rating along with a hold recommendation lastly on Thursday August 1st 2024 RBC Capital assigned Boeing an outperform rating with a hold action analysts have assigned Boeing stock a General sell rating they classify the price to earnings ratio as strong sell and the price to book ratio as strong sell regarding return on investment the analysts also rate the stock as strong sell the following signals have been identified for Boeing additionally there is a Buy Signal from the 3-month moving average convergence Divergence or macd however some negative signals have also been issued which may affect the Stock's near-term performance the Boeing stock currently shows sell signals from both the short-term and long-term moving averages indicating a more pessimistic Outlook moreover a General sell signal is present due to the long-term average being positioned above the shortterm average during upward Corrections there will be resistance at the levels of $171 32 and $175 59 if the price breaks above either of these levels it will trigger buy signals a sell signal was generated from a pivot top point on Friday August 16th 2024 and thus far the stock has declined by 10.54% further declines are anticipated until a new bottom pivot is identified yesterday trading volume increased alongside falling prices which may serve as an early warning suggesting that closer monitoring of the stock is advisable here are some other signals you might find interesting moving average convergence Divergence Buy Signal pivot sell signal 12 days ago Ballinger Buy Signal 1 day ago short-term moving average Buy Signal 3 days ago long-term moving average sell signal 11 days ago the relation between the short and the long moving averages Buy Signal 22 days ago if we look at the 12-month chart we see short moving average sell signal 2 days ago the long-term moving average sell signal 11 days ago the relation between the short and the long moving averages Buy signal 19 days ago remember to visit our page at stockinvest.us if you want to find more signals let's discuss support risk and stop-loss for Boeing currently there is no support from accumulated volume below today's level given the right conditions the stock could face significant challenges in the coming days this stock typically exhibits moderate daily fluctuations and with a solid trading volume the Associated risk is deemed to be medium over the last day the stock experienced a movement of $11.30 between its high and low points equating to a change of 7.14% in the past week the Stock's daily average volatility has been 3.10% before we dive into the potential trading levels for Boeing let's quickly cover some essential fundamental data first let's discuss the price to earnings ratio commonly known as the PE Ratio this important metric assesses a company's current share price in relation to its earnings per share a negative PE ratio indicates that the company is experiencing losses or has negative earnings even well-established companies can face downturns often due to factors beyond their control however a consistent pattern of negative PE ratios may suggest insufficient profitability and potential bankruptcy risk risks in other news the upcoming earnings report for the third quarter of 2024 is anticipated on the 23rd of October 2024 analysts currently estimate a loss of 50 cents per share it's essential to monitor these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for Boeing in the event of an upward Trend the first resistance level for Boeing is at $169.95 if you do not own any shares you may want to wait for this level to be surpassed before entering a position for those who already hold the stock this level could be an opportunity to consider for swing trading there is no significant support from accumulated volume below this level indicating that the stock might drop sharply under certain conditions it is advisable to proceed with caution and consider placing trades only if you are an experienced Trader familiar with navigating such situations the combined average rating for Boeing from multiple analyst sources is to sell now let's delve into some recent Insider trades on the 27th of August 2024 West briyan executed an Insider sale of 6,318 22 shares of common stock on the 8th of August 2024 ortberg Robert Kelly carried out an Insider purchase of 11237 4 shares of stock options which provide the right to buy on the same day ortberg Robert Kelly also bought 47,9 197 shares of common stock additionally on the 8th of August 2024 ortberg Robert Kelly conducted another Insider purchase of zero shares on the 1st of July 2024 Bradway Robert a made an Insider purchase of 47,9 N4 shares of Phantom stock units analyzing the 100 most recent Insider trades we have determined that the in power is positive with a ratio of 179.2 44 overall insiders have purchased 34,1 shares and sold 39,6 64 shares in the last 100 trades our assessment of this stock is unfavorable and there is currently no stop loss in place is Boeing stock a good buy Boeing is currently exhibiting several negative signals and is positioned within a broad and declining Trend consequently we anticipate that its performance will remain weak over the next few days or weeks therefore our evaluation of this stock is negative based on some minor weaknesses in the technical analysis we have revised our assessment from a hold or accumulate stance to a strong sell recommendation after reviewing the volatility and Market movements from the most recent trading day our systems indicate that the current price is undervalued for trading on Wednesday the 4th of September we expect Boeing to open at $1.95 starting the day at $62.90 7 we want to remind you that trading carries a significant risk of losing money and it is advisable to consult a financial advisor before making any decisions regarding buying or selling securities your investment choices should not be solely based on the information from stockinvest.us by utilizing this information you acknowledge and accept responsibility for your own investment decisions this is our current view of the stock do you agree or disagree please share your thoughts in the comments below what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a beautiful day with warm regards from all of us here at stock invest