Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 13.12% 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 $95.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $90.00 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 69.56 level which suggests that the stock is neither overbought nor oversold at this time.
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
Maryland Students And Teachers Research To Improve Chesapeake Bay's Health At Honeywell Institute for Ecosystems Education
Sat, 19 Jul 2014 15:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., July 19, 2014 /PRNewswire/ — More than 70 gifted and talented students, grades 6-10, worked alongside top scientists and researchers collecting and analyzing data on the health of the Chesapeake Bay. The two week summer science and environmental program ran July 6 to July 19 and was hosted by Honeywell (HON) at the University of Maryland Center for Environmental Science's Horn Point Laboratory in Cambridge, Maryland. The Honeywell Institute for Ecosystems Education (HIEE) started in 2010 and is coordinated through the Maryland State Department of Education's Gifted and Talented Summer Center. Maryland Delegate Adelaide “Addie” Eckhart, a longtime advocate for education and the environment, praised the 73 students and 15 teachers for their active participation in local conservation efforts.
US STOCKS-Wall St rebounds from selloff; indexes up for the week
Fri, 18 Jul 2014 20:50:35 GMT
The Top Ten Stocks for July 18
Fri, 18 Jul 2014 20:21:17 GMT
Honeywell International's (HON) David Cote on Q2 2014 Results – Earnings Call Transcript
Fri, 18 Jul 2014 20:11:01 GMT
Seeking Alpha – Good day, ladies and gentlemen, and welcome to Honeywell's Second Quarter 2014 Earnings Conference Call. Today, our leadership continues with new process technologies designed to get more valuable products from every barrel of oil, convert coal and natural gas into plastics and convert biofeed stocks such as algae into renewable fuels.
[$$] Honeywell Results Better-Than-Seen
Fri, 18 Jul 2014 18:13:09 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook