Don't Ignore This Chart!

Bollinger Bands Narrow for Boeing


Boeing (BA) moved into a tight range the last 5-6 weeks and the Bollinger Bands contracted to their narrowest in over six months. This signals a volatility contraction, which in turn could foreshadow a volatility expansion. Watch resistance from the February highs and support from the February low for the next directional signal.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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