|
Archive - 5/23/2025 - Sign In to see current Signals. |
Honeywell Int'l Inc. (HON) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Honeywell Int'l Inc. (HON). During the week, the HON gave back -0.85 points, or -0.38%, and closed at 222.03 on Friday, May 23, 2025. Weekly volume was -13% below average. HON is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HON long-term trend chart] A long-term uptrend had started on September 30, 2022 at 166.63 and reached 242.80 on November 12, 2024. HON gained -76.17 points, or -45.71%, in 110 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 189.38 and resistance is at 245.19. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See HON medium-term trend chart] A medium-term downtrend had started on November 12, 2024 at 242.80 and reached 179.40 on April 9, 2025. HON lost 63.40 points, or 26.11%, in 21 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (160.91) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HON may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See HON weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 9, 2025. Use the following link to access a MACD help.
Short-term trend: [See HON short-term trend chart] A short-term uptrend had started on April 9, 2025 at 179.40 and reached 225.26 on May 20, 2025. HON gained -45.86 points, or -25.56%, in 41 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (231.37) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See HON daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
| |
|
|