Honeywell International Stock Technical Analysis

HON Stock  USD 191.08  0.72  0.38%   
As of the 19th of April, Honeywell International retains the Standard Deviation of 1.0, market risk adjusted performance of (0.05), and Risk Adjusted Performance of (0.03). Honeywell International technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Honeywell International, which can be compared to its competitors. Please check out Honeywell International variance and potential upside to decide if Honeywell International is priced fairly, providing market reflects its last-minute price of 191.08 per share. Given that Honeywell International has information ratio of (0.12), we strongly advise you to confirm Honeywell International's regular market performance to make sure the company can sustain itself at a future point.

Honeywell International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Honeywell, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Honeywell
  
Honeywell International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Honeywell International Analyst Consensus

Target PriceAdvice# of Analysts
215.76Buy26Odds
Honeywell International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Honeywell analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Honeywell stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Honeywell International, talking to its executives and customers, or listening to Honeywell conference calls.
Honeywell Analyst Advice Details
Honeywell International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Honeywell International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Honeywell International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Honeywell International Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Honeywell International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Honeywell International Trend Analysis

Use this graph to draw trend lines for Honeywell International. You can use it to identify possible trend reversals for Honeywell International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Honeywell International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Honeywell International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Honeywell International applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that the returns on investment in Honeywell International will continue to fail. It has 122 observation points and a regression sum of squares at 76.09, which is the sum of squared deviations for the predicted Honeywell International price change compared to its average price change.

About Honeywell International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Honeywell International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Honeywell International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Honeywell International price pattern first instead of the macroeconomic environment surrounding Honeywell International. By analyzing Honeywell International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Honeywell International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Honeywell International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01820.01870.02050.0261
Price To Sales Ratio4.24.093.793.98

Honeywell International April 19, 2024 Technical Indicators

Most technical analysis of Honeywell help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Honeywell from various momentum indicators to cycle indicators. When you analyze Honeywell charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Honeywell Stock analysis

When running Honeywell International's price analysis, check to measure Honeywell International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
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Is Honeywell International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.268
Dividend Share
4.17
Earnings Share
8.47
Revenue Per Share
55.297
Quarterly Revenue Growth
0.028
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.