NASDAQ:HON - Nasdaq - US4385161066 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HON. HON has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, HON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 194.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 191.55, a Stop Loss order could be placed below this zone.
189.07
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
NASDAQ:HON (4/22/2025, 3:14:59 PM)
197.995
+3.77 (+1.94%)