Boeing Wave Analysis – 26 October 2026

Market Overview

The analysis focuses on Boeing's stock performance, highlighting a recent reversal from a significant support level. The stock is currently positioned for potential upward movement.

Key Findings

• Support Level: Boeing has reversed from a support level of 183.00, which is the lower boundary of a sideways price range established since the end of September.
• Resistance Level: The stock is expected to rise towards a resistance level of 192.50, which marks the upper boundary of the current sideways price range.
• Technical Indicators: The upward reversal coincided with a bullish divergence observed on the daily RSI (Relative Strength Index), indicating potential for further gains.
• Wave Analysis: The recent movement is interpreted as the completion of a short-term impulse wave (iii) and the initiation of a corrective wave (iv).

Conclusion

Given the strength of the support at 183.00 and the bullish signals from technical indicators, there is a strong expectation for Boeing's stock to rise towards the resistance level of 192.50 in the near term.