Boeing Companys stock (BA) fell in the intraday levels, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stocks movements, hinting at negative divergence.

Therefore we expect more losses for the stock, targeting the pivotal support of 176.25, provided the resistance of 199.26 holds on.

Trend forecast: Bearish