HONEYWELL INTERNATIONAL INC (HON)

US4385161066 - Common Stock

229.13  -4 (-1.72%)

Technical Rating and Analysis

8

Taking everything into account, HON scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HON is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
HON is one of the better performing stocks in the Industrial Conglomerates industry, it outperforms 100% of 8 stocks in the same industry.
HON is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HON is lagging the market slightly.
In the last month HON has a been trading in the 223.16 - 238.31 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HON has an average volume of 4610130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HON is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
HON Weekly chart
HON Daily chart
Setup Rating and Analysis

6

HON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 229.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

192.89

238.37

5 important support areas can be observed.

  • A support zone ranging from 221.78 to 229.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @211.76 from a trend line in the daily time frame.
  • A support zone ranging from 205.17 to 205.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @201.64 from a horizontal line in the daily time frame.
  • A support zone ranging from 194.84 to 196.35. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 229.73 to 236.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.25
Mansfield0.04
10 Day High238.31
10 Day Low224.58
20 Day High238.31
20 Day Low223.16
52 Week High242.77
52 Week Low189.66
Performance
1 Week1.77%
2 Weeks2.72%
1 Month1.87%
3 Month14.64%
6 Month8.39%
12 Month13.37%
2 Year8.79%
3 Year11.81%
5 Year31.71%
10 Year133.32%
15 Year494.72%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)60.14
LBB223.41
UBB235.11
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
236.02224.5711.45 (4.85%)20.61%
An entry @236.02. This is a Buy Stop order right above the resistance zone.An exit @224.57. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 11.45 points, which is 4.85%.For a 1.00% total portfolio risk, you can invest 20.61% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HON Daily chart

HONEYWELL INTERNATIONAL INC

NASDAQ:HON (12/18/2024, 3:03:04 PM)

229.13

-4 (-1.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-1.72%
1 Week1.77%
2 Weeks2.72%
1 Month1.87%
3 Month14.64%
6 Month8.39%
12 Month13.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.64
ATR(20)%1.82%
ATR Inc
Range Today4.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High238.31
10 Day Low224.58
20 Day High238.31
20 Day Low223.16
52 Week High242.77
52 Week Low189.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.47K
Volume Incr11.92%
Vol(5)4.62M
Vol(50)4.61M