These 2 Stocks Are Circling the Drain: Cypress Semiconductor Corporation (CY), The Boeing Company (BA)

The price of Cypress Semiconductor Corporation (NASDAQ:CY) went up by $0.22 now trading at $16.09. Their shares witnessed a 36.94% increase from the 52-week low price of $11.75 they recorded on 2018-10-24. Even though it is still -15.54% behind the $18.59 high touched on 2018-07-27. The last few days have been good for the stock, as its price has grew by 0.56% during the week. It has also performed better over the past three months, as it added around 21.16% while it has so far retreated around -8.32% during the course of a year. The stock of CY recorded 26.49% uptrend from the beginning of this year till date. The 12-month potential price target for Cypress Semiconductor Corporation is set at $16.62. This target means that the stock has an upside potential to increase by 3.29% from the current trading price.

57 institutions entered new Cypress Semiconductor Corporation (NASDAQ:CY) positions, 195 added to their existing positions in these shares, 247 lowered their positions, and 93 exited their positions entirely.

Cypress Semiconductor Corporation (CY) trade volume has decreased by -18.33% as around 3,103,050 shares were sold when compared with its 50-day average volume of traded shares which is 3,799,694. At the moment, CY is witnessing a uptrend, as it is trading 4.67% above its 20-day SMA, 5.27% above its 50-day SMA, and 8.62% above its 200-day SMA. The company runs an ROE of roughly 18.5%, with financial analysts predicting that their earnings per share growth will be around 10.1% per annum for the next five year. This will be compared to the 37.6% increase witnessed over the past five years.

The first technical resistance point for Cypress Semiconductor Corporation (NASDAQ:CY) will likely come at $16.18, marking a 0.56% premium to the current level. The second resistance point is at $16.26, about 1.05% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $15.92, the lower end of the range. CY’s 14-day MACD is 0.41 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 63.66, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 26.67 percent, which is low when compared to that of the 50-day’s 27.38 percent.

The shares of The Boeing Company (NYSE:BA) has increased by 2.56%, and now trading at $379.64 on the Wall Street in the intra-day deal, with their shares traded now around 7,145,600. This is a decline of -1,175,650 shares over the average 8,321,250 shares that were traded daily over the last three months. The stock that is trading at $379.64 went higher by 29.8% from its 52-week low of $292.47 that it attained back on 2018-12-26. The stock recorded a 52-week high of $446.01 nearly 45 days ago on 2019-03-01.

BA stock has performed well over the past 30 days, as it added 1.7% while its price climbed by 17.72% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -3.14% over the last week. The stock’s 12-month potential target price is now at $437.29. This means that the stock price might likely increase by 15.19% from its current trading price. 18 out of 25 Wall Street analysts which represents 72% rated the stock as a buy while the remaining 20% rated it as a hold, with 8% of analysts rating it as a sell.

The Boeing Company (NYSE:BA) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go up by 22.12% per year, following the 24.5% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.7% above its 20-day SMA, -4.62% below its 50-day SMA, and 5.25% above its 200-day SMA. In percentage terms, the aggregate The Boeing Company shares held by institutional investors is 70.6%. 226 institutions jumped in to acquire The Boeing Company (BA) fresh stake, 943 added to their current holdings in these shares, 977 lowered their positions, and 119 left no stake in the company.

The stock’s 9-day MACD is -8.6 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 49.71, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 31.43 percent, which is more when compared to that of the 50-day’s 30.87 percent. On the daily chart, we see that the stock could reach the first level of resistance at $382.39, sporting a 0.72% premium to the current level. The next resistance point is at $385.15, representing nearly 1.43% premium to the current market price of The Boeing Company (BA). On the other hand, failure to breach the immediate hurdles can drag it down to $369.25, the lower end of the range.