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 6.38% return on risk over the next 12 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 41.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
9:43 am Honeywell announces Tom Szlosek becomes Senior Vice President and Chief Financial Officer
Tue, 08 Apr 2014 13:43:00 GMT
Honeywell Brings Nobel Laureate Claude Cohen-Tannoudji And Its Science And Engineering Initiative To India
Tue, 08 Apr 2014 12:00:00 GMT
PR Newswire – VELLORE, India, April 8, 2014 /PRNewswire/ — Honeywell (HON) today introduced Professor Claude Cohen-Tannoudji, Nobel laureate in physics, to the students and faculty of Vellore Institute of Technology (VIT), India, as part of its global Honeywell Initiative for Science & Engineering (HISE). Professor Cohen-Tannoudji is among 23 Nobel laureates that Honeywell has sponsored at universities worldwide since 2006. The event marks the eleventh time Honeywell Hometown Solutions, Honeywell's corporate social responsibility organization, has delivered HISE to a university in India, and the first time the program is taking place at VIT University. HISE has benefitted thousands of science, technology, engineering and math (STEM) students and teachers across the country.
CFO Moves: Honeywell, Heartland Payment, Genocea
Mon, 07 Apr 2014 18:32:47 GMT
[$$] Honeywell Names Vice Chairmen in Leadership Shuffle
Mon, 07 Apr 2014 18:09:13 GMT
Honeywell CEO Makes Biggest Executive Shift Naming Vice Chairmen
Mon, 07 Apr 2014 14:38:55 GMT
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