Boeing is on a 6 day downtrend Today is looking a bit better: Boeing is trading at $203.48 after closing the previous day at $203.07.
This uncertain state for Boeing is reflected by published market data as United States Participation Rate (Feb) released today at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.
Japanese candlestick formations show 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end. A study of Boeing's chart reveals various key levels to watch: Boeing is climbing away and is now $8.74 from the $194.74 support line.
Meanwhile, mixed performances are seen in other industrials stocks as Raytheon Technologies is up 1.28% to $97.22. Deere & Company is trading at $401.27 after ending Friday's session at $395.93 (up 1.35%).
Furthermore, the market is looking at United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Core Consumer Prices figure is projected at 0.4%. It previously stood at 0.4%; data will be released tomorrow at 12:30 UTC.
The aircraft and rotorcraft manufacturer has fallen back around 7.04% from the significant high of $218.45 set 27 days ago.