Global Stock News

3% Drop Amid 737 MAX Glitch

3% Drop Amid 737 MAX Glitch

Boeing Company (The) stock traded at $188.75 on Monday, September 28. Shares fell after a 737 MAX software glitch drew regulatory scrutiny. The sell-off deepened an already deteriorating technical picture, with sellers firmly in control following an early session high near $192.57.

BA daily chart with EMA20, EMA50 and volume
BA — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • Boeing Company (The) stock traded at $188.75, down after a 737 MAX landing software glitch drew regulator review.
  • Price sits below all three key daily EMAs: EMA20 at 203.24, EMA50 at 210.68, and EMA200 at 218.05.
  • Daily RSI14 at 30.06 hovers just above the oversold threshold, while hourly RSI14 is deeper at 28.04.
  • Price closed below the daily lower Bollinger Band at 191.31,…

Source link

Share this article

Scroll to Top