HONEYWELL INTERNATIONAL INC (HON) Technical Analysis
NASDAQ:HON • US4385161066
Current stock price
212.05 USD
-1.12 (-0.53%)
At close:
212.2 USD
+0.15 (+0.07%)
After Hours:
HON Technical Rating and Analysis
Overall HON gets a technical rating of 0 out of 10. HON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 75% of all other stocks performed better in the past year than HON.
- HON is part of the Industrial Conglomerates industry. There are 6 other stocks in this industry, of which 80% are performing better than HON.
- In the last month HON has a been trading in the 207.83 - 236.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- HON has an average volume of 3810800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
HON Weekly and Daily overview Charts
HON Setup Rating and Analysis
The technical rating of HON is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
HON Support and Resistance Analysis
188.11
245.77
When analyzing the support we notice one important area.
- A support zone ranging from 190.01 to 190.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @216.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 223.99 to 226.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 230.74 to 236.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @243.34 from a horizontal line in the daily time frame.
HON Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HON is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HON is down. |
| ChartMill Relative Strength | 25.44 | NEGATIVE | HON has a low relative strength, it was outperformed by 74.56% 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) | 30.75 | NEUTRAL | The RSI value for HON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.03 | NEGATIVE | The MACD value suggests HON has a negative trend. |
| Stochastics (14,3) | 18.47 | OVERSOLD | The low Stochastics value suggests HON may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for HON suggests some volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for HON suggests a strong trend. |
HON Chart- and CandleStick Pattern Analysis
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)
HON Technicals: Chart, Performance Metrics, Trend & Indicators
212.05
-1.12 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.53%
1 Week-7.7%
2 Weeks-9.24%
1 Month-4.96%
3 Month-6.8%
6 Month5.32%
12 Month-0.97%
2 Year10.02%
3 Year6.11%
5 Year-4.93%
10 Year85.57%
15 Year246.32%
Volatility
ATR(14)5.84
ATR(20)%2.57%
ATR Inc-28.5%
Range Today3.61
ADR(20)4.9
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.44
3 months CRS24.77
6 months CRS62.56
Mansfield-1.1
10 Day High236.45
10 Day Low207.83
20 Day High236.83
20 Day Low207.83
52 Week High248.18
52 Week Low186.76
CS1 End190.99
CR1 Start216.31
Volume & EV
DER(3)-0.75%
DER(5)-0.76%
Volume3.62M
Volume Incr49.62%
Vol(5)5.12M
Vol(50)3.81M
HONEYWELL INTERNATIONAL INC / HON TA FAQ
What is the technical rating for HON stock?
ChartMill assigns a technical rating of 0 / 10 to HON.
What is the trend direction for HON stock?
The current trend direction for HONEYWELL INTERNATIONAL INC (HON) is Bearish.
What is the RSI signal for HON stock?
HONEYWELL INTERNATIONAL INC (HON) has an RSI value of 30.7455. This indicates that the stock is currently neutral.
What is the MACD signal for HON stock?
The MACD indicator for HONEYWELL INTERNATIONAL INC (HON) has a value of -2.03376, indicating a bearish trend.