Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 7.76% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $155.00 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 77.6 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
10 Super Safe Growth Stocks to Buy for Long-Lasting Dividends
Wed, 12 Sep 2018 15:38:46 +0000
Fortunately, Simply Safe Dividends identified the 10 best dividend growth stocks that investors can rely on for secure, fast-growing income. Let’s take a look at 10 of the safest dividend stocks in the market.
[$$] Resideo Names CFO, Board Ahead of Spinoff From Honeywell
Wed, 12 Sep 2018 15:08:23 +0000
Resideo Technologies has named its chief financial officer and board of directors as it prepares to become a stand-alone public company after it goes through the planned spinoff from manufacturing conglomerate …
G.research Aerospace & Defense Conference
Wed, 12 Sep 2018 13:06:00 +0000
G.research will host the 24th Annual Aerospace & Defense Conference on Thursday, September 13th, 2018 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.
Honeywell Spinoff Resideo Announces Key Leadership And Stock Exchange Selection
Wed, 12 Sep 2018 12:30:00 +0000
MORRIS PLAINS, N.J., Sept. 12, 2018 /PRNewswire/ — As part of final preparations for its planned spinoff from Honeywell (HON), Resideo Technologies, Inc., announced the selection of an experienced chief financial officer, the composition of its full board of directors, and its intention to list on the New York Stock Exchange under the ticker symbol “REZI” when trading begins on a to-be-announced date.
How General Electric’s Dividend Yield Stacks Up with Peers
Wed, 12 Sep 2018 11:32:29 +0000
General Electric (GE) was famous for its sustained dividend payments and dividend increases. However, the company lost this status after CEO John Flannery’s decision to trim dividends by 50% in November last year. After the financial crisis, GE witnessed a sharp decline in its dividend yield, which was as high as ~12% during that period. Between March 2010 to September 2017, its dividend yield stayed in the 2.5% to 3.5% range. However, in 2018, the company’s dividend yield has gone up steadily.
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