April 15, 2025 a 03:15 pm

HON: Trend and Support & Resistance Analysis - Honeywell International Inc.

Honeywell International Inc. Stock Analysis

Honeywell International Inc. operates in a diversified environment with segments ranging from Aerospace to Building Technologies. Recent data analysis indicates a short-term downward movement in stock prices. Investors should consider both global market conditions and sector-specific developments when evaluating the stock. Monitoring future aerospace advancements and technologies could reveal pivotal insights for Honeywell's growth potential. Evaluation from a technical perspective remains crucial for informed decisions.

Trend Analysis

The technical analysis of Honeywell's stock over the past months suggests a potential transition phase. The calculation of EMAs indicates the following:

Date Close Price Trend
2025-04-11198.55▼ Abwärtstrend
2025-04-10193.39▼ Abwärtstrend
2025-04-09199.1▼ Abwärtstrend
2025-04-08182.86▼ Abwärtstrend
2025-04-07187.46▼ Abwärtstrend
2025-04-04190.99▲ Aufwärtstrend
2025-04-03206.68▲ Aufwärtstrend

The analysis shows a predominance of a ▼ downward trend. This indicates bearish sentiment in recent trading sessions. The fluctuations between upward and downward trends suggest volatility.

Honeywell Stock Chart showing price trend

Support and Resistance Levels

Evaluating the historical data identifies critical support and resistance zones:

Zone Type From ($) To ($)
Support 1180185
Support 2190195
Resistance 1210215
Resistance 2220225

The current price is close to the first support zone, indicating potential for a rebound. Monitoring these zones could provide key insights for future price movements.

Honeywell Stock Chart depicting support and resistance

Conclusion

The analysis indicates Honeywell's stock is in a short-term bearish trend, but approaching potential support zones. Key resistance levels suggest obstacles for upward movement, pending potential breakouts. Investors should remain vigilant regarding broader market influences and technology sector shifts reflective of Honeywell's operational spectrum. The stock's current position near support suggests a watchful strategy for rebounds or further declines. Given the technically identified zones, prudent entry and exit may optimize investment timing.