What's the probability that Boeing stock will drop significantly in next several days?

Conclusion: The probability of Boeing's stock dropping significantly in the next several days is high, given the combination of factors affecting the company. Here's an analysis to support this conclusion:

1. Strike Impact: The ongoing strike is likely to continue, as the latest contract offer was rejected by the union. This could lead to further production disruptions and financial losses for Boeing.
2. Financial Pressures: Boeing is facing significant financial pressures, including a projected continued cash burn into 2025 due to the strike and other challenges. This could lead to increased uncertainty among investors.
3. Market Sentiment: The recent news about Boeing, including the strike and the rejection of the contract offer, has likely damaged the company's reputation and investor confidence. This negative sentiment could lead to a sell-off in the stock market.
4. Technical Indicators: The stock's technical indicators are not favorable. The stock is trading below its 5-day, 10-day, and 20-day moving averages, and the resistance level is higher than the support level. This suggests that the stock could continue to decline.
5. Analyst Ratings: The average analyst price target is below the current trading price, and the stock has a moderate buy rating. However, the high forecast price indicates that some analysts believe the stock has potential. This could lead to some support for the stock, but it may not be enough to prevent a significant drop.

In conclusion, given the combination of factors affecting Boeing, the probability of the stock dropping significantly in the next several days is high. Investors should exercise caution and monitor the situation closely for potential investment opportunities or risks.