Boeing (BA, $364.32) loses $6 billion order
The Boeing 737 trouble doesn’t seem to be ending, as Indonesia’s national airline handed Boeing its first official order cancelation following two deadly crashes in recent months.
Indonesian airline, Garuda, on Friday publicly announced it has told Boeing that it wishes to cancel its multibillion-dollar order for Boeing's 737 Max 8 passenger jet, citing that its passengers had lost confidence in the model after two deadly crashes in five months.
According to Garuda, it already sent a letter to Boeing on March 14, seeking to cancel the pending delivery of its 2014 order of 50 planes, of which just one had been delivered so far.
Estimated to be worth $4.9 billion, the cancelled order is the latest blow to Boeing over the 737 Max - its bestselling passenger jet.
The plane has been grounded by many authorities across different countries like U.S., Europe, China and Indonesia, but it's the first airline to say it's canceling a 737 Max 8 order.
Garuda spokesperson Ikhsan Rosan told news agencies that it is difficult to cancel such agreements once they have been signed, but with passengers losing confidence to fly with the Max 8, there wasn’t much of an option.
Overall, more than 4,000 737 Max planes are on order by airlines around the world. Boeing’s stock dropped about 12% since the Ethiopian Airlines crash, and was down more than 2% in Friday trading.
BA's RSI Oscillator recovers from oversold territory
The RSI Indicator for BA moved out of oversold territory on October 01, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In 29 of the 33 cases the stock moved higher. This puts the odds of a move higher at 88%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 34 of 54 cases where BA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 63%.
Following a +4.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where BA advanced for three days, in 213 of 320 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
BA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BA as a result. In 53 of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 75%.
The Moving Average Convergence Divergence Histogram (MACD) for BA turned negative on September 16, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In 28 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 68%.
The 50-day moving average for BA moved below the 200-day moving average on September 01, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
The Aroon Indicator for BA entered a downward trend on October 06, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 11 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating steady price growth. BA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 80 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 83 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BA's P/B Ratio (23.923) is slightly higher than the industry average of (6.305). P/E Ratio (66.327) is within average values for comparable stocks, (58.116). Projected Growth (PEG Ratio) (1.373) is also within normal values, averaging (2.564). Dividend Yield (0.000) settles around the average of (0.009) among similar stocks. P/S Ratio (1.675) is also within normal values, averaging (18.330).
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.
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General Information
a manufacturer of jetliners, aircraft and related products
Industry AerospaceDefense
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