Boeing Stock Jumps 3.62% to $221.26 With Bullish Technical Signals Emerging

The Boeing Company (BA) closed at $221.26 on 2025-09-26, gaining 3.62% with notable trading volume of 17.25 million shares. This analysis examines technical indicators to assess the stock's trajectory.
Candlestick Theory
Recent price action shows BA rebounding from support near $211.43 (2025-09-22 low), forming a bullish reversal pattern. The 3.62% surge on September 26 closed near the session’s high ($224.10), indicating strong buying pressure. Immediate resistance is established at $224.10–$224.30 (recent highs), with secondary resistance near the July peak of $242.69. Support converges at $211.43 and the psychological $210 level.
Moving Average Theory
The 50-day SMA (currently ~$225) capped upside momentum in September, while the 100-day SMA (~$222) provided intermediate support. The 200-day SMA (~$208) maintains a positive slope, affirming the primary uptrend. Although the current price remains below the 50-day SMA, a decisive break above $225 could signal renewed bullish momentum. Confluence exists between the $210–$208 zone and the rising 200-day SMA, offering a robust support floor.
MACD & KDJ Indicators
MACD registers a bullish crossover with the histogram turning positive, suggesting nascent upward momentum. Meanwhile, KDJ shows K-line (currently ~75) crossing above D-line (~60), signaling short-term bullish alignment. However, KDJ approaches overbought territory. Combined, these oscillators indicate improving momentum but warrant caution if KDJ exceeds 80 without volume confirmation.
Bollinger Bands
Bollinger Bands narrowed significantly in late September, reflecting reduced volatility before the sharp breakout on September 26. Price closed near the upper band (currently ~$223), typically indicating strength. Sustained trading above the 20-day SMA (~$218) would confirm bullish continuation, while a retreat below may signal false breakout.
Volume-Price Relationship
The 17.25M shares traded on September 26 exceeded the 10-day average by ~40%, validating the breakout. Notable volume accompanied prior key moves: July’s sell-off (20.2M shares on 2025-07-29) and September’s rebound (12.76M shares on 2025-09-23). This volume profile supports accumulation during recovery phases, though consistency is required to sustain the uptrend.
Relative Strength Index (RSI)
RSI(14) rebounded from oversold conditions below 30 in early September to ~65, reflecting recovering momentum. While now approaching overbought territory (>70), the lack of bearish divergence suggests room for extension. Traders may view dips holding RSI(14) > 45 as constructive.
Fibonacci Retracement
Using the swing high of $242.69 (2025-07-29) and low of $211.43 (2025-09-22), key retracement levels include: 23.6% ($218.75), 38.2% ($224.64), and 50% ($227.06). The current price near the 23.6% level faces immediate resistance at 38.2% ($224.64), aligning with the September 26 high of $224.10. A break above $224.64 would target the 50% retracement.
Confluence and Divergence
Confluence emerges between Fibonacci resistance ($224.64), Bollinger Band resistance (~$223), and prior price highs ($224.10–224.30), creating a critical resistance cluster. KDJ’s overbought warning diverges slightly from MACD’s bullish crossover, though volume-backed momentum may override near-term caution. Support confluence at $208–$210 (200-day SMA + psychological level) offers a high-probability bounce zone should retracements occur.