HONEYWELL INTERNATIONAL INC (HON) Stock Technical Analysis
USA - NASDAQ:HON - US4385161066 - Common Stock
210.18 USD
-0.32 (-0.15%)
210.75 USD
+0.57 (+0.27%)
Taking everything into account, HON scores 0 out of 10 in our technical rating. HON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HON is a bad performer in the overall market: 76% of all stocks are doing better.
HON has an average volume of 4085760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HON is part of the Industrial Conglomerates industry. There are 7 other stocks in this industry, HON did better than 50% of them.
HON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HON is lagging the market.
In the last month HON has a been trading in a tight range between 204.37 and 216.29.
HON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 211.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 209.93, a Stop Loss order could be placed below this zone.
More info and screens
189.07
242.81
We found 3 important support areas.
- A support zone ranging from 208.55 to 209.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @194.84 from a horizontal line in the weekly time frame.
- Support @190.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 211.18 to 216.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 240.41 to 240.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HON is down. |
| ChartMill Relative Strength | 24.4 | NEGATIVE | HON has a low relative strength, it was outperformed by 75.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.65 | NEUTRAL | The RSI value for HON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests HON has a positive trend. |
| Stochastics (14,3) | 50.18 | NEUTRAL | The Stochastics value for HON is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for HON suggests low volalility. |
| Average Directional Index/ADX (14) | 32.22 | POSITIVE | The high ADX value value for HON suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
210.18
-0.32 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.15%
1 Week0.76%
2 Weeks-0.71%
1 Month-1.79%
3 Month-12.57%
6 Month10.05%
12 Month3.14%
2 Year14.69%
3 Year3.02%
5 Year27.42%
10 Year103.51%
15 Year346.15%
Volatility
ATR(14)3.02
ATR(20)%1.48%
ATR Inc-14.05%
Range Today2.8
ADR(20)3.08
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.4
Mansfield-1.38
10 Day High213.4
10 Day Low204.37
20 Day High216.29
20 Day Low204.37
52 Week High242.77
52 Week Low179.36
CS1 End209.93
CR1 Start211.18
Volume & EV
DER(3)1.56%
DER(5)1.98%
Volume3.88M
Volume Incr-3.03%
Vol(5)4.27M
Vol(50)4.09M