Boeing: new sell signal in week 1
Boeing sheds 2% as a new sell signal opens with the weekly MACD turning bearish
Our view last week
Boeing stock sheds 7.5% in a rough week, with sellers extremely dominant on the last bar and volumes contracting. The breakout above the 240 area expected last week never came: the stock broke down instead, with the weekly MACD just crossing bearish. Price closed below the first stop level (SL1) flagged in last week's card (214.6 area): for anyone following that level the trade is closed.
This week's summary
Boeing sheds 2% over the past week as a new sell signal opens: sellers stay slightly ahead on the last bar, volumes are contracting and the distribution phase continues. The weekly MACD has just crossed bearish and price has slipped below the 50-week average. Our model flags this as high risk: opening is not recommended at this stage.
IQS Phase
65
in tension
Signal Strength
7
decline losing steam
Sizing
MINIMUM
Ranking
#76 / 96
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 76th among the 96 sell signals for US stocks in our ranking, with a signal strength of 7 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +1.30% · monthly +11.48%
BA belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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