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 15.47% 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 $95.00 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 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 76.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
Honeywell Promotes Science and Technology Education in Partnership with Government Schools
Fri, 22 Aug 2014 10:21:00 GMT
PR Newswire – JAKARTA, Indonesia, Aug. 22, 2014 /PRNewswire/ — Honeywell (HON) announced today that it is helping more than 1,200 local students learn about science and technology through a partnership with local schools in Batam and Bintan in Riau Islands province. Under the Honeywell Science Kits program, four schools will receive science kits supporting the national curriculum. These comprehensive tools will allow students to experience science and technology concepts in an innovative way. The program is part of Honeywell's ongoing commitment to promote science and technology education inIndonesia which includes sponsoring middle school math and science teachers to attend its international programs such asHoneywell Educators @ Space Academy
Honeywell's UOP Technology Selected to Clean Offshore Natural Gas in the United Kingdom
Fri, 22 Aug 2014 02:43:00 GMT
PR Newswire – JAKARTA, Aug. 22, 2014 /PRNewswire/ — UOP LLC, a Honeywell (HON) company, announced today that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading (FPSO) vessel off the coast ofScotland. The vessel, which will be leased to Premier Oil, will include a UOP SeparexTM Membrane System to remove carbon dioxide. While the technology has been successfully used elsewhere, this will be the first FPSO in the North Sea to use a membrane-based treatment system.
Honeywell's UOP to Clean BW Offshore's U.K. Natural Gas Unit
Wed, 20 Aug 2014 14:00:02 GMT
Honeywell’s UOP Technology Selected To Clean Offshore Natural Gas In The United Kingdom
Tue, 19 Aug 2014 14:13:09 GMT
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Honeywell's UOP Technology Selected To Clean Offshore Natural Gas In The United Kingdom
Tue, 19 Aug 2014 13:00:00 GMT
PR Newswire – DES PLAINES, Ill., Aug. 19, 2014 /PRNewswire/ — UOP LLC, a Honeywell (HON) company, announced today that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading (FPSO) vessel off the coast of Scotland. The vessel, which will be leased to Premier Oil, will include a UOP Separex™ Membrane System to remove carbon dioxide. While the technology has been successfully used elsewhere, this will be the first FPSO in the North Sea to use a membrane-based treatment system.
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