Boeing Co

BA remains in a medium-term downtrend characterized by lower highs and lower lows, with price below key EMAs and the 50-day SMA. Despite oversold conditions, no clear reversal or bounce into resistance has emerged. Sell-side participation is deferred until price can rally into the 9/20 EMA and 50-day SMA resistance zone, where rejection is likely.

• ↑Backlog $715B supports demand for 6,200+ aircraft
• ↑737 production forecast raised to 52 units/month
• ↓Negative earnings yield and weak QS score signal profit strain