To The Moon

$Boeing(BA)$

The Boeing Company (BA) Edges Up +0.69%: Consolidation Mode Below $254 High

Latest Close Data:

Closed at $244.71 (US) on 2026-02-10, up +0.69%. The stock is now 3.8% below its 52-week high of $254.35.

Core Market Drivers:

1) Ongoing investor focus on Boeing's long-term commercial aircraft delivery recovery and defense contract execution amid global supply chain normalization.

2) The market is digesting recent quarterly results showing persistent operational challenges, reflected in negative earnings.

Technical Analysis:

• Volume was 4.71M shares (Volume Ratio 0.67), indicating below-average participation.

• The MACD histogram is negative at -2.82, but the DIF (3.80) is rising above the DEA (5.21), suggesting bearish momentum may be weakening.

• The 6-day RSI at 69.24 is approaching overbought territory, signaling potential for a short-term pullback or consolidation.

Key Price Levels:

* Primary Support: $216.77 (Recent swing low, crucial for bullish structure).

* Strong Resistance: $247.67 / $254.35 (Recent high & 52-week high).

* Immediate Pivot: ~$243.00 (Yesterday's close, key for intraday bias).

Valuation Perspective:

The stock trades at a TTM P/E of -18.1 and a P/S of 2.15. The negative P/E reflects current unprofitability, while the P/S is above the industrial sector median (~1.5-1.8), pricing in a recovery premium.

Analyst Targets:

23 analysts have an average price target of $272.48 (upside of ~11.3%). Sentiment is bullish with 10 Strong Buy, 14 Buy, and 5 Hold ratings.

Weekly Outlook:

Expect consolidation between $240 and $248. A decisive break above $248 could target the $254-$260 zone. A breakdown below $240 may test the $232 support level.

Risk Disclaimer:

This analysis is for informational purposes only and not financial advice. Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results. Conduct your own research or consult a financial advisor before making any investment decisions.