Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $207.50 short call and a strike $212.50 long call offers a potential 38.12% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $207.50 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $3.62 would be incurred if the stock rose above the $212.50 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 below 20 which suggests that the stock is in oversold territory.
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
Frederick DiSanto’s Ancora Advisors Is Investing In These 10 Stocks
Sat, 04 Dec 2021 15:11:04 +0000
In this article, we discuss 10 stocks Frederick DiSanto’s Ancora Advisors is investing in. If you want to skip our detailed analysis of DiSanto’s history, investment philosophy, and hedge fund performance, go directly to Frederick DiSanto’s Ancora Advisors Is Investing In These 5 Stocks. Ancora Advisors is an Ohio-based investment advisory firm that specializes in […]
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Honeywell International Inc. and Encourages Investors with Losses to Contact the Firm
Sat, 04 Dec 2021 01:33:00 +0000
Los Angeles, California–(Newsfile Corp. – December 3, 2021) – The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Honeywell International Inc. (“Honeywell” or “the Company”) (NASDAQ: HON) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Honeywell filed its quarterly report
Honeywell execs on what shaped design of new uptown HQ
Thu, 02 Dec 2021 13:40:00 +0000
The Honeywell headquarters tower in uptown Charlotte stands at 23 stories tall with room to house about 1,000 employees.
Honeywell's New Air Monitor Alerts When Indoor Conditions May Present Increased Risk Factors For Exposure To Airborne Viruses
Thu, 02 Dec 2021 13:12:00 +0000
Honeywell (Nasdaq: HON) today announced a new, user-friendly monitor that alerts users when indoor air conditions may present an increased risk of potentially transmitting airborne viruses in schools, restaurants and other spaces.
Honeywell CEO praises new headquarters city while hinting at more growth ahead
Wed, 01 Dec 2021 20:42:49 +0000
Honeywell CEO Darius Adamczyk said today that the company has already benefited from its move to Charlotte from New Jersey. The company has just moved into a new 23-story headquarters building in uptown.
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