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 12.61% return on risk over the next 19 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 $0.56 would be kept by the premium seller. The risk of $4.44 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 44.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Air China to evaluate Honeywell in-flight WiFi system, China Daily says
Mon, 02 Jun 2014 13:05:20 GMT
New Honeywell Service Represents An Advance In Designing Industrial Facilities And Reducing Costs
Mon, 02 Jun 2014 13:00:00 GMT
PR Newswire – HOUSTON, June 2, 2014 /PRNewswire/ — Honeywell (HON) Process Solutions today announced the launch of LEAP™ project services to help manufacturers in the processing industries get their plants up and running faster and at lower cost. LEAP combines Honeywell Process Solutions proprietary hardware and software, virtualization and cloud engineering to give users greater scheduling flexibility while reducing risk and total automation costs by up to 30 percent. “Automation projects are increasingly difficult to manage — especially as implementations become larger and more complex while still needing to be completed quickly and efficiently,” said Vimal Kapur, president, Honeywell Process Solutions. The innovative approach is being featured this week at the 2014 Honeywell Users Group Americas Symposium, the company's largest gathering of industrial customers.
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Thu, 29 May 2014 11:42:20 GMT
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Tue, 27 May 2014 23:09:04 GMT
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