Boeing stock price showed moderate volatility today

Boeing stock price showed moderate volatility today, trading near $179.40, up 1.2% intraday, as investor sentiment improved following stronger-than-expected Q2 aircraft delivery data. Analysts highlight improving demand in the commercial aviation sector. Boeing currently has an average brokerage recommendation (ABR) of 1.38, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 26 brokerage firms. An ABR of 1.38 approximates between Strong Buy and Buy. OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), it said on Sunday, opting for the same fairly modest monthly increase as in October amid persistent worries over a looming supply glut. Boeing stock price advanced to $180.75, up 1.4%, buoyed by optimism around upcoming earnings. Traders are closely watching the $185 technical resistance level as a potential breakout point for sustained gains.