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Tag: BA

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Boeing Under Fire Again Following Fatal 787 Crash in India


On June 12, 2025, Air India Flight AI171, a Boeing 787-8 Dreamliner crashed just 30 seconds after takeoff from Ahmedabad, striking a medical college hostel and erupting into a massive fireball. The disaster claimed 241 lives on board and at least 28 on the ground, leaving only one survivor, a British-Indian passenger. This marks the first fatal crash involving a Boeing 787, severely damaging the aircraft’s previously strong safety record and triggering global concern. The incident comes as Boeing is already under regulatory scrutiny due to persistent quality issues with its 737 MAX line, and it now faces renewed investigation and reputational damage across both its narrow- and wide-body aircraft programs.

Just ten months after a mid-air pod failure on an Alaska Airlines 737 MAX 9 and with the FAA still capping 737 MAX output at 38 planes per month over quality concerns, Boeing now faces heightened scrutiny following a deadly crash of an Air India Boeing 787-8 Dreamliner. This fresh tragedy with the 787 adds pressure not only on Boeing’s operational credibility but also on its supply chain and certification oversight protocols.

On June 12, 2025, Boeing’s stock fell around 5% after the crash, killing 241 people onboard and at least 28 on the ground, with only one survivor. The tragedy, the first fatal 787 crash, damaged the Dreamliner’s safety reputation and investor confidence. The stock is overbought and may face downward. With renewed FAA and possibly global scrutiny of the 787, analyst price targets could be pushed toward $135 if Boeing fails to reassure regulators and investors. RSI on the daily chart shows price is overbought.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock in your portfolio? Schedule a meeting with us here

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Boeing Stock Price Consolidates

Boeing’s share price opened the year with a series of gap downs. These gap downs are yet to be retraced, as some of the gains of Boeing in 2023 have been lost. The opening price of Boeing in 2024 was $257.29. It has been an awful year for Boeing Investors as the current price stands at $148.65 as at the time of this writing.

For the past two months, Boeing machinists have been on strike. Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. The union rejected a previous offer from Boeing that included a 35% pay hike, extending the strike that began on Sept. 13.

The striking employees, whose absence had put production at a near-standstill, can return to work next week Wednesday “and must return by beginning of their shift on Nov. 12, 2024,” according to the union and the company. The last 3 months candle sticks closed bearish. There are indications of a possible rally as striking workers resume in 6 days. $BA price has been consolidating since October 10, at a support level at $146.89. We might see price rally to $241 in 2025.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stocks in your portfolio? Schedule a meeting with us here

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Boeing’s Share Price Consolidates

The share price of Boeing opened at $209.91 at the beginning of this year. Price rallied to $272.98 on the 15th of March, 2021, which makes it the highest level $BA reached since the pandemic began. In 2019, Boeing’s share price reached an all-time high at $445.62. After the all-time high was reached, a head and shoulder was formed, which resulted in a dip to the lowest level at $90.29, which was during the pandemic. The current price of Boeing is at $214.34, which is almost falling to the year’s opening price at $209.91.

RSI showed that the price has been oversold in July 2021 at the support level of $205.50. After the dip in July, a rally occurred temporarily, the price has been consolidating around the support level since the second half of this year. The price of $BA has not really favored investors in this month of October as the price has been falling continuously. Consolidation of price is around $214.34 which could lead to the next rally towards $230. As countries across the world increase the administration of vaccines, there might be a huge rally, which is as a result of an increase in international flights globally, which might break the resistance level at $240.08 to the upside.

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Boeing Ready for A Rebound

After the lockdown made the airline industry lose billions of dollars as a result of planes being grounded, the ease of lockdown gave up to the airline industry as jobs were restored and the tourism industry try to regain its balance. Also, the Boeing 737 max was grounded worldwide between March 2019 and December 2020. This was a result of the two crashes that claimed 346 lives. The Boeing 737 Max was recalled across the world due to a series of failures. The tourism industry has been badly affected by the pandemic, but hope might be rising as vaccines are being administered across the world.

Since the ease of lockdown, the $BA daily chart has been showing higher lows and higher highs. As the price is currently at $212.14, we expect a bounce. We are hopeful the price will appreciate in the coming weeks as Boeing delivers 22 jets in August, 737 MAX ‘white tails’ nearly gone (yahoo.com). RSI has continuously shown that the price has been oversold in the past few days. A $BA price rally above $234.90 could occur, as the trendline has been broken to the upside. Also, the company claims that Boeing’s Aircraft Demand Forecast Bullish Despite Short-Term Headwinds (yahoo.com), as the press release, shows the demand for 19,000 new commercial aircraft with a book value of $3.2trillion over the next 10years.

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Boeing Has Lost Its Bullish Strength

The share of price of Boeing fell after two Boeing planes crashed in the past few months. In 2019, Boeing has been bullish from 315.80 and reached an all time high this year at 447.12. A gap up that occurred in the last few days of January has been filled in March. The price of $BA has been on the upper region of the Bollinger bands throughout the year until mid-month of March. The volatility of $BA in 2018 was quite low until this year.

Throughout February, the price of $BA was overbought on the RSI. The future of Ichimoku has already shown a trace of downtrend. With the analysis using the trendlines, price of $BA could begin to fall from its current 393.26 to 333.71. The price of $BA has crossed to the lower region of the bands. If price of $BA breaks to the downside to reach the expected support level of 333.71, a breakout of the support level could make the price of $BA to continue to move downward.

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