2016-08-16 15:22:45

The Boeing Company, #BA [NYSE]
Industrial goods, Space technologies, USA

Financial performance of the company:

Index – DJIA, S&P 500; Beta – 1.08;
Capitalization – 72.65 В; Return on asset - 5.30%;
Income - 5.17 B; Average volume – 5.37 М;
P/E - 14.58; ATR – 4.68.

Analytical review:

  • ​The company ranks the fifth on capitalization in the sector of “Industrial goods” among the issuers traded in the American stock market;
  • At the end of July, the company issued mixed reported for Q2 of the fiscal year 2016, which has triggered the rise in the company’s shares by over 2.5%. It is likely that the rise will continue;
  • According to press-release company’s revenue has grown by 1%, up to 24.76 billion USD against the forecast of 24.45 billion USD. At the same time net profit of the company fell to $0.44 per share against the forecast of $0.88 per share;
  • The company released revised forecast for the current fiscal year. According to the revised forecast, it is expected that profit will be at the level of $6.10 -$6.30 per share against the previous forecast of $8.15-$8.35 per share;
  • Not long ago the company has signed a contract with the U.S. Navy for the amount of 100.4 million USD to provide service support for the production of military aircraft, P-8A;
  • The Boeing Company is incorporated into the indices DJIA and S&P 500. The rise in the American stock market has a positive impact on the company’s stocks. Last month, ETF for the index S&P 500 (#SPY) has grown by over 1.5%, reaching new historic highs.


  • Despite weak financial report and revised forecast for the current fiscal year market participants are optimistic about the future development of the company. The rise in the US stock market and successful implementation of the investment projects will increase demand for the company’s stocks.
  • It is likely that in the near future company’s quotes will go up.

Trading tips for CFD of Boeing Company

Key levels:
Support levels: 133.00 USD and 131.50 USD.
Resistance levels: 135.20 USD, 137.35 USD and 139.10 USD.

Medium-term trading, Н1
At the moment the issuer is traded near resistance level of 135.20 USD. After breaking out and testing of this level and in case of the respective confirmation (such as pattern Price Action), we recommend to open long positions. Risk per trade is not more than 2% of the capital. Stop order can be placed slightly below the signal line. Take profit can be placed in parts at the levels of 137.30 USD, 139.00 USD and 141.00 USD with the use of trailing stop.

Medium-term trading, Н1
Medium-term trading, Н1

Short-term trading, М15
Currently, the issuer is traded between the local support and resistance levels of 134.45/134.95 USD. It is advisable to enter the market after breaking out and testing of these levels. Positions shall be opened at the signal line and the nearest support/resistance level. Risk per trade is not more than 3% of the capital. Stop order can be placed slightly above/below the signal line. Take profit can be placed in parts of 50%, 30%, 20% with the use of training stop.

Short-term trading М15:
Short-term trading, М15