Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 14.29% 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 $145.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $8.75 would be incurred if the stock dropped below the $135.00 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 above 80 which suggests that the stock is in overbought territory.
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
Honeywell’s Pension Bought Up GE Stock and Doubled Down on Netflix
Tue, 12 Feb 2019 16:41:00 +0000
The industrial conglomerate’s pension unit initiated a stake in General Electric in the fourth quarter. It also exited investments in Goldman Sachs and Intel.
Ingersoll Rand Plans to Acquire Precision Flow System
Tue, 12 Feb 2019 13:05:22 +0000
Ingersoll Rand Plans to Acquire Precision Flow SystemIngersoll Rand’s acquisition plansIn a press release on February 11, Ingersoll Rand (IR) announced that it made a binding offer to acquire Precision Flow System from funds advised by BC Partners
The Zacks Analyst Blog Highlights: Raytheon, Northrop, TransDigm, Spirit and Honeywell
Mon, 11 Feb 2019 15:22:03 +0000
The Zacks Analyst Blog Highlights: Raytheon, Northrop, TransDigm, Spirit and Honeywell
Is Honeywell a Good Value Stock for 2019?
Sat, 09 Feb 2019 12:37:00 +0000
Here's a look at the recent earnings and guidance in the context of the bull-or-bear debate.
[$$] New Black Boxes Offer Ability to Send Real-Time Data From Plane Crashes
Sat, 09 Feb 2019 00:35:33 +0000
Honeywell International Inc. is introducing a new line of aircraft cockpit and flight-data recorders that offer more data-storage capacity and the ability, for the first time, to use satellites to retrieve accident information in real time. Honeywell officials and other proponents of the new technology said the devices, commonly called black boxes, promise major benefits for future plane crash investigations. Such options have been debated for years by aviation industry officials, and have been championed by many safety advocates and accident investigators.
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