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Industrial Conglomerates Industry Stocks Technical Analysis - HONArchive - 3/21/2025 - Sign In to see current Signals. |
Honeywell Int'l Inc. (HON) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Honeywell Int'l Inc. (HON). During the week, the HON climbed 0.70 points, or 0.33%, and closed at 210.20 on Friday, March 21, 2025. Weekly volume was 32% above average.
Long-term trend: [See HON long-term trend chart] A long-term uptrend had started on October 26, 2023 at 174.88 and reached 242.80 on November 12, 2024. HON gained -67.92 points, or -38.84%, in 54 weeks. The price is now at the 48.00% retracement level.
Medium-term trend: [See HON medium-term trend chart] A medium-term downtrend had started on November 12, 2024 at 242.80 and reached 201.50 on February 14, 2025. HON lost 41.30 points, or 17.01%, in 13 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 187.21 and resistance is at 215.27. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See HON weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See HON short-term trend chart] A short-term downtrend had started on March 10, 2025 at 218.50 and reached 204.70 on March 12, 2025. HON lost 13.80 points, or 6.32%, in 2 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See HON daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since February 20, 2025. The distance between MACD and the signal line is low, but getting bigger. A Parabolic SAR (stop and reversal) indicator (211.71) comes close to the price (210.20). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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