Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 11.23% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $8.99 would be incurred if the stock dropped below the $95.00 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 27.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
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Thu, 20 Oct 2016 09:50:11 GMT
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Wed, 19 Oct 2016 20:25:20 GMT
Honeywell, OG&E Help Modernize Tinker Air Force Base And Save $3.5 Million A Year Through Energy Efficiencies
Wed, 19 Oct 2016 19:18:04 GMT
noodls – OKLAHOMA CITY, Oct. 19, 2016/PRNewswire/ — Honeywell (NYSE: HON) and Oklahoma Gas & Electric (NYSE: OGE) announced a $19.1 millionfacility modernization project that is expected to reduce energy consumption …
Will Honeywell (HON) Post Strong Q3 Results?
Wed, 19 Oct 2016 17:57:00 GMT
United Technologies Looks to Pull Off a 3Q16 Earnings Beat
Wed, 19 Oct 2016 16:32:00 GMT
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