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 16 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 33.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Honeywell brings its £139 smart thermostat to the UK
Thu, 02 Oct 2014 17:36:00 GMT
Honeywell's Low-Global-Warming Propellant Powers New Aerosol For Rash Treatment
Thu, 02 Oct 2014 14:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Oct. 2, 2014 /PRNewswire/ — Honeywell (HON) announced today that its low-global-warming propellant, Solstice® Propellant, is being used in a new diaper rash aerosol treatment for infants, toddlers and adults. Solstice Propellant, which has a global warming potential (GWP) of less than 1, enables the new product line to have a lower global warming impact than aerosols using other propellants.
Honeywell Alarm Management Technology Making Plants and Pipelines Safer, More Productive
Wed, 01 Oct 2014 13:00:00 GMT
PR Newswire – HOUSTON, Oct. 1, 2014 /PRNewswire/ — Honeywell (NYSE:HON) Process Solutions announced today that its DynAMo™ alarm management technology is improving safety and productivity at more than 100 process plants and pipelines around the world by helping operators better and more quickly evaluate alarm situations in control rooms. “The DynAMo solution, which was launched in November 2013, allows plant operators to tune out noise and focus on critical situations by more efficiently managing and evaluating alarms,” said Ali Raza, vice president and general manager, Honeywell Process Solutions. “This allows operators to more easily detect and prevent problems, and to develop and implement effective alarm management strategies aligned with industry-recognized guidelines and standards.” DynAMo is based on Honeywell's 20-plus years of alarm management experience in the process industries.
Technology From Honeywell's UOP To Be Used To Produce Renewable Diesel For U.S. Military
Wed, 01 Oct 2014 13:00:00 GMT
PR Newswire – DES PLAINES, Ill., Oct. 1, 2014 /PRNewswire/ — UOP LLC, a Honeywell (HON) company, announced today that its advanced process technology will be used to produce renewable diesel for the U.S. Emerald Biofuels LLC will use Honeywell's UOP/Eni Ecofining™ process technology to refine non-edible oils and animal fats into renewable diesel, also known as Honeywell Green Diesel™, which is a drop-in replacement for conventional diesel derived from petroleum. Emerald is expected to produce 85 million gallons of renewable diesel per year under the project. “Our renewable process technology leverages UOP's 100 years of refining expertise to produce Honeywell Green Diesel, a drop-in diesel that, unlike biodiesel, is chemically identical to petroleum-derived diesel and does not require changes to engines or fuel infrastructure,” said Veronica May, vice president and general manager of UOP's Renewable Energy and Chemicals business unit.
Honeywell Survey Reveals Consumers Care More About Credit And Debit Card Security Than Their Health Or Retirement Savings
Tue, 30 Sep 2014 13:00:00 GMT
PR Newswire – FORT MILL, S.C., Sept. 30, 2014 /PRNewswire/ — As data breaches at major retailers have compromised the personal information of millions of customers over the past few years, a new consumer trust survey from Honeywell (HON) found that the security of credit and debit card information is a bigger concern for consumers (93 percent) than their health (84 percent), retirement savings (81 percent) or losing their cell phone (63 percent). The survey, conducted by KRC Research, polled more than 2,000 credit or debit card users over 18 years old in the United States about the impact of recent data breaches on consumer trust, actions and expectations.
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