Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 13.38% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $8.82 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Honeywell is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Honeywell is bullish.
The RSI indicator is at 45.31 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Honeywell
Honeywell Helps Refiners Meet Euro V Standards With New Catalyst
Mon, 12 Mar 2018 14:03:00 +0000
DES PLAINES, Ill., March 12, 2018 /PRNewswire/ — Honeywell (HON) UOP today introduced a new catalyst that can more efficiently remove sulfur and nitrogen from lower-value diesel blending components, allowing them to meet Euro V clean fuels specifications. Honeywell UOP's ULTIMet™ catalyst, the newest addition to its Unity hydrotreating portfolio, has more active sites for chemical reactions and can be used as a drop-in reload to “debottleneck” a unit, resulting in increased plant capacity with no additional capital expense. The new catalyst also can be loaded in combination with conventional hydrotreating catalysts to further improve their performance.
Honeywell Provides Airlines With Powerful Connected Aircraft Analytics Package For Optimizing Flight Operations
Mon, 12 Mar 2018 14:00:00 +0000
PHOENIX, March 12, 2018 /PRNewswire/ — Honeywell (HON) is bringing a deeper level of visibility into airlines' operating environments with its newest integrated service, GoDirect Flight Efficiency. The offering — part of an extensive family of GoDirect flight-related services — allows airlines to make strategic decisions on flight operations and planning by amassing all flight variables into one place, including flight plans, weather, navigation charts, aircraft performance, optimized fuel usage and more.
Wired News – Honeywell’s Cockpit Technologies Selected by Comair for its First Boeing 737 MAX Fleet
Mon, 12 Mar 2018 12:40:00 +0000
Stock Monitor: Broadwind Energy Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 12, 2018 / Active-Investors.com has just released a free research report on Honeywell International Inc. (NYSE: HON …
3M’s Short Interest Trends since the Beginning of 2018
Mon, 12 Mar 2018 11:32:10 +0000
The latest data as of February 15, 2018, show that 3M’s (MMM) short interest has risen. The bearish sentiment in the stock has increased and the stock price could come down. The short interest had risen to 1.5% as of February 15, 2018.
When Should You Buy Honeywell International Inc (NYSE:HON)?
Fri, 09 Mar 2018 19:18:18 +0000
Honeywell International Inc (NYSE:HON) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $164.99 and falling to the lows ofRead More…
Also on Market Tamer…
Follow Us on Facebook