BA Rallies to $216.44 on Bullish EMA Alignment
BullishBoeing Co (BA) closed down 0.79% at $216.44 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($212.58) with a bullish stack. The 21-day EMA at $206.93 provides support.
Momentum
RSI at 67.8 is in neutral territory. MACD is bullish (4.95 vs signal 3.06).
Volatility
Bollinger Band width at 16.2% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $188.68, Resistance at $221.99.