Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 14.68% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Honeywell is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Honeywell is bearish.
The RSI indicator is at 39.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Honeywell And Tata Power SED Sign Landmark Agreement For India's Defense Industry
Mon, 29 Sep 2014 07:30:00 GMT
PR Newswire – NEW DELHI, Sept. 29, 2014 /PRNewswire/ — Honeywell Aerospace (HON) has signed a licensing agreement with Tata Power's Strategic Engineering Division (SED), enabling it to produce Honeywell's Tactical Advanced Land Inertial Navigator, or “TALIN” in India. This Honeywell-patented technology enables vehicles and artillery to navigate very precisely, even where GPS satellite guidance is not available, to increase troop safety and maximize mission success. “Our strategic agreement with Honeywell supports Tata Power's SED commitment to the ‘Make in India' initiative – a priority for India's new Government,” said Rahul Chaudhry, CEO, Tata Power SED.
Exclusive – India eyes $1 billion Sikorsky helicopter deal, other U.S. arms
Thu, 25 Sep 2014 20:18:00 GMT
Honeywell's Advanced Materials Help Mobile Devices Dissipate Heat To Perform Better
Thu, 25 Sep 2014 13:00:00 GMT
PR Newswire – CHANDLER, Ariz., Sept. 25, 2014 /PRNewswire/ — Honeywell (NYSE: HON) Electronic Materials announced today that its advanced materials are being integrated into the production of tablets and smartphones, …
EU Commission orders Germany to stop using illegal car refrigerant
Thu, 25 Sep 2014 10:17:25 GMT
Reuters – The European Commission on Thursday ordered Germany to stop using a banned car refrigerant within two months or face court action and possible fines. “The Commission sent today a formal request to Germany to take the necessary actions to apply the EU Directive on Mobile Air Conditioning,” the EU executive said in a statement. “Germany now has two months to take the necessary measures to comply with the Commission's request. If they fail to do so, the Commission may decide to refer the matter to the European Court of Justice.”
Honeywell, Fiberlink, Intralinks and Sevone Select Vidyard for Strategic Video Marketing
Tue, 23 Sep 2014 12:00:00 GMT
Marketwired – As word continues to spread about the effectiveness of video marketing, organizations are flocking to Vidyard to help them optimize the performance of video assets and identify and convert online video …
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