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 $97.50 long put offers a potential 13.98% return on risk over the next 30 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 $0.92 would be kept by the premium seller. The risk of $6.58 would be incurred if the stock dropped below the $97.50 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 68.42 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
3 Big Risks for Honeywell International Investors
Tue, 15 Mar 2016 13:15:00 GMT
State Oil Company Of Azerbaijan Republic Selects Honeywell UOP Technology To Modernize Its Heydar Aliyev Refinery
Tue, 15 Mar 2016 13:00:00 GMT
PR Newswire – DES PLAINES, Ill., March 15, 2016 /PRNewswire/ — Honeywell (HON) announced today that the State Oil Company of Azerbaijan Republic (SOCAR) will use a suite of Honeywell UOP technologies to modernize its oil refinery in Baku, Azerbaijan, to produce high-quality gasoline that meets stricter emission standards. The effort will help Azerbaijan meet growing domestic demand for transportation fuels that meet international emission standards equivalent to Euro V fuel requirements. “Honeywell UOP will provide a suite of technologies that will allow SOCAR to efficiently produce higher octane gasoline with far fewer contaminants,” said Pete Piotrowski, vice president and general manager for Honeywell UOP.
Second suit filed against Saint-Gobain, Honeywell over Hoosick Falls water contamination
Mon, 14 Mar 2016 18:50:10 GMT
Honeywell And NASA Put STEM Education In ‘Motion' With FMA Live!
Mon, 14 Mar 2016 16:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., March 14, 2016 /PRNewswire/ — Honeywell (NYSE: HON) and NASA are proud to support their science, technology, engineering and math (STEM) education program with the award-winning, …
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Mon, 14 Mar 2016 14:15:00 GMT
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