Honeywell Stock Technical Analysis

HON -  USA Stock  

USD 202.24  5.42  2.61%

As of the 30th of November, Honeywell International retains the risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (1.33). 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 nineteen technical drivers for Honeywell International, which can be compared to its competitors. Please check out Honeywell International coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Honeywell International is priced fairly, providing market reflects its last-minute price of 202.24 per share. Given that Honeywell International has jensen alpha of (0.15), 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 Technical Analysis 

 
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Honeywell International Analyst Consensus

Target PriceAdvice# of Analysts
242.7Buy10Odds
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
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Honeywell International volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

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 46.57, 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 stock 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.
 2019 2020 2021 (projected)
Long Term Debt to Equity0.60.931.01
Interest Coverage67.1722.624.12

Honeywell International November 30, 2021 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.

Honeywell International November 30, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Honeywell stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Honeywell International information on this page should be used as a complementary analysis to other Honeywell International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Honeywell Stock analysis

When running Honeywell International 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 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.
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 Honeywell International value 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.