Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 19.05% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $207.50 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 dropped below the $202.50 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 60.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Consumers Come Clean In Honeywell Survey: Cleanliness And Hygiene Top Priority When Choosing Flights, Hotels
Tue, 08 Dec 2020 14:00:00 +0000
A new Honeywell (NYSE: HON) survey conducted by YouGov PLC finds travelers are placing an increased focus on cleanliness and hygiene when selecting which airlines to fly and which hotels to book. Although cost also remains a top motivator in travel decisions, the COVID-19 pandemic has shifted travelers' focus toward safety as they make travel decisions. The Honeywell survey, which was conducted online among adults in the United States and United Kingdom, sought to better understand these shifting motivations.
Honeywell (HON) Introduces Building Management Solution
Tue, 08 Dec 2020 13:50:01 +0000
Honeywell's (HON) Small and Medium Building Administrator facilitates building operators to better manage assets and save energy costs. Also, it announces a new solution for HVAC market.
Looking for a Dependable Stock? Buy This Industrial Behemoth
Tue, 08 Dec 2020 13:17:00 +0000
This dividend stock is using its internally developed IP to become a leader in SaaS for the industrial sector.
Honeywell's New Advanced Technology Detects Airborne particles, Allergens and Spores In Homes and Buildings
Mon, 07 Dec 2020 14:28:00 +0000
Honeywell (NYSE: HON) today announced a new airborne particle analyzer that uses artificial intelligence and cloud computing to enable HVAC service providers and environmental testing professionals to better inform home and building owners of the quantity and type of particles present in the air.
The Positive Signs That Drove Honeywell International Stock 23.6% Higher in November
Fri, 04 Dec 2020 15:22:00 +0000
Shares of Honeywell International (NYSE: HON) surged 23.6% in the month of November, according to data provided by S&P Global Market Intelligence. After a muted performance in October, the stock started to gain momentum after Honeywell released its third-quarter numbers on Oct. 30. Honeywell's third-quarter organic sales dipped 14% year over year, but there were several green shoots.
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