Honeywell’s most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $162.50 short call and a strike $167.50 long call offers a potential 31.23% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $162.50 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 would be incurred if the stock rose above the $167.50 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 35.9 level which suggests that the stock is neither overbought nor oversold at this time.
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Wed, 09 Oct 2019 12:57:00 +0000
Visual dashboard of noise patterns and exposure levels helps reduce health risks and improve safety programs CHARLOTTE, N.C. , Oct. 9, 2019 /PRNewswire/ — Honeywell ( NYSE: HON ) today announced a new …
Honeywell Names Deborah Flint to Board of Directors
Mon, 07 Oct 2019 18:00:00 +0000
CHARLOTTE, N.C., Oct. 7, 2019 /PRNewswire/ — Honeywell (NYSE: HON) today announced that its Board of Directors has elected Deborah Flint, 52, chief executive officer of Los Angeles World Airports (LAWA), to its Board of Directors as an independent Director. Flint was appointed CEO of LAWA in 2015.
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