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Industrials | Stocks | Technical Analysis
Chart of the Day: Boeing May Be Attempting a Turnaround
David Russell
February 5, 2025

Boeing has struggled for years, but now there may be signs of a turnaround in the aerospace giant.

The first pattern on today’s chart is the series of lower highs between December 2023 and early December 2024. The stock has now pushed above that falling trendline, which may suggest its direction is turning.

Next, the 50-day simple moving average (SMA) just …

For more, please click here to view the related idea and chart analysis on TradingView.

Boeing (BA), daily chart, with selected patterns and indicators, courtesy of TradingView.

 

 

Tags: BA

About the author

David Russell
David Russell is Global Head of Market Strategy at TradeStation. Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

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