Honeywell (HON) Offering Possible 19.05% Return Over the Next 15 Calendar Days

Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 19.05% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $97.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Honeywell is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Honeywell is bearish.

The RSI indicator is at 29.93 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Honeywell

Honeywell To Upgrade First Ice-Class Offshore Stationary Platform On Sakhalin Shelf
Thu, 31 Jul 2014 14:04:32 GMT
noodls – Safety and Production Process Upgrades for the Molikpaq Platform MOSCOW, July 31, 2014 – Honeywell (NYSE: HON) Process Solutions today announced it will upgrade process control and alarm management systems …

Honeywell To Upgrade First Ice-Class Offshore Stationary Platform On Sakhalin Shelf Safety And Production Process Upgrades For The Molikpaq Platform
Thu, 31 Jul 2014 13:00:00 GMT
PR Newswire – MOSCOW, July 31, 2014 /PRNewswire/ — Honeywell (HON) Process Solutions today announced it will upgrade process control and alarm management systems at the Molikpaq platform on the Sakhalin shelf, Russia, to improve safety, reliability and operational efficiency. The Molikpaq platform, owned by Sakhalin Energy Investment Co. Ltd., celebrated its 15-year anniversary in September 2013. “Offshore production is associated with a number of risks to workers, the environment and efficient processes, and demands systems that meet the highest reliability, safety and durability standards,” said Frank Whitsura, vice president, Honeywell Process Solutions.

HONEYWELL INTERNATIONAL INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
Wed, 30 Jul 2014 13:00:33 GMT

AeroVue Cockpit Retrofit Launched By BendixKing
Mon, 28 Jul 2014 13:00:00 GMT
PR Newswire – ALBUQUERQUE, N.M., July 28, 2014 /PRNewswire/ — BendixKing, a division of Honeywell (HON), announced the launch of AeroVue™, a complete cockpit retrofit solution for King Air turboprop aircraft. Derived from industry leading Honeywell avionics systems, the AeroVue Integrated Flight Deck (IFD) offers King Air operators a sophisticated avionics platform including industry-leading Flight Management System, Autopilot, Synthetic Vision, and INAV™ functionality with Electronic Charts displayed on three large 12″ advanced LCD screens. AeroVue also adds wireless capability to the cockpit through the BendixKing AeroWave 100 system. “Our discussions with avionics dealers and turbo-prop operators indicated that there is a real need in the market for a choice of cockpit retrofits,” said Kevin Gould, president of BendixKing.

BendixKing Launches Affordable Data Plan For Aerowave 100 In-flight Internet
Mon, 28 Jul 2014 13:00:00 GMT
PR Newswire – ALBUQUERQUE, N.M., July 28, 2014 /PRNewswire/ — BendixKing, a division of Honeywell (HON), announced their affordable data plan for the BendixKing AeroWave 100 in-flight Internet system aimed at general aviation aircraft including pistons, turboprops and light jets. This new data plan completely transforms the status quo of data consumption allowing owners and operators to purchase data based upon how many hours they use, versus how much data they consume. Operators will be able to purchase 50 hours of internet connectivity for $1,999. “With the data plan for AeroWave 100, we eliminated the ridiculously expensive price barrier for obtaining in-flight connectivity for the light jet and turboprop market,” said Kevin Gould, president of BendixKing. “Delivering real, usable Internet connectivity for under $40 per hour completely changes the market. Our customers asked for simplicity and affordability, and we delivered.” BendixKing's new service plan, combined with the AeroWave 100, offers uncompressed Internet speeds of up to 104 Kbps through an active low-gain antenna, providing regional services covering major land masses worldwide. By offering data plans that are measured in hours of use, customers no longer have to guess at their utilization. Today's tablets and smartphones automatically consume background data, accruing hidden and unknown charges on current plans, often resulting in large airtime bills, without notice.

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