Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 12.36% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $87.50 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 58.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Honeywell Responds to EEOC's Frivolous Lawsuit To Stop Company's Biometric Screening for Employees
Wed, 29 Oct 2014 01:05:00 GMT
PR Newswire – MORRISTOWN, N.J., Oct. 28, 2014 /PRNewswire/ — The Chicago EEOC office is unfamiliar with the details of our wellness programs and woefully out of step with the healthcare marketplace and with the core …
U.S. nuclear regulators probing leak at Honeywell uranium plant
Tue, 28 Oct 2014 15:32:36 GMT
Reuters – Honeywell confirmed the Sunday evening leak at its Metropolis, Illinois plant, saying it was due to an equipment failure. There were no injuries and no reason to believe anyone was endangered by the leak, according to Honeywell. An inspector from the Nuclear Regulatory Commission started an investigation at the plant on Tuesday, said NRC spokesman Roger Hannah. Honeywell's Metropolis plant is the only U.S.
What's The Outlook For These 3 Major Aerospace And Defense Companies?
Tue, 28 Oct 2014 14:29:17 GMT
Textron, Other Business Jet Suppliers Gain Altitude
Mon, 27 Oct 2014 17:28:00 GMT
Honeywell And NASA Bring STEM Education Event Back For 10th Year, 1000th School
Mon, 27 Oct 2014 14:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Oct. 27, 2014 /PRNewswire/ — Honeywell (NYSE:HON) and NASA are celebrating 10 years of collaboration with FMA Live! Forces in Motion , an award-winning, hip-hop physics education …
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