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 9.65% return on risk over the next 25 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 $0.44 would be kept by the premium seller. The risk of $4.56 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 66.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Honeywell
With Aerospace Squared Away, Will United Technologies Go Back To Big Deals?
Wed, 23 Jul 2014 18:21:47 GMT
Honeywell: Excellence Will Have Long Lasting Growth
Wed, 23 Jul 2014 16:15:00 GMT
Cramer: It's the Tone That Makes the Music
Wed, 23 Jul 2014 15:39:00 GMT
Genpact to Support Honeywell in Asian Markets
Tue, 22 Jul 2014 15:17:57 GMT
noodls – NEW YORK, July 22, 2014 /PRNewswire/ — Genpact Limited (NYSE: G), a global leader in transforming and running business processes and operations, today announced it has entered into a multi-year contract …
Honeywell Launches Spectra Brand Licensing Program to Help Fishermen Ensure Fishing Line Contains Genuine Spectra Fiber
Tue, 22 Jul 2014 14:14:38 GMT
noodls – Formal Spectra® trademark program gives anglers confidence, helps combat sales of counterfeit products MORRIS TOWNSHIP, N.J., July 22, 2014 – Honeywell (NYSE: HON) announced today a new brand licensing …
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