HONEYWELL INTERNATIONAL INC.
HONEYWELL INTERNATIONAL INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HON
ISIN:

HONEYWELL INTERNATIONAL INC. - Daily - Technical analysis published on 10/03/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 167.34 USD
My targets
156.20 USD (-3.03%)
142.57 USD (-11.49%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HONEYWELL INTERNATIONAL INC. as long as the price remains well below 167.34 USD. The sellers” bearish objective is set at 156.20 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 142.57 USD. In case of crossing, the next objective would be the support located at 130.07 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The HONEYWELL INTERNATIONAL INC. price is 161.08 USD. The price registered a decrease of -1.89% on the session and was traded between 159.44 USD and 162.83 USD over the period. The price is currently at +1.03% from its lowest and -1.07% from its highest.

159.44
162.83
161.08

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HONEYWELL INTERNATIONAL INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this HONEYWELL INTERNATIONAL INC. chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 130.07 142.57 156.20 161.08 167.34 173.62 178.40
Change (%) -19.25% -11.49% -3.03% - +3.89% +7.78% +10.75%
Change -31.01 -18.51 -4.88 - +6.26 +12.54 +17.32
Level Minor Major Major - Major Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard155.95159.98162.09166.12168.23172.26174.36
Camarilla162.50163.07163.63164.19164.75165.32165.88
Woodie154.98159.50161.12165.64167.26171.78173.40
Fibonacci159.98162.33163.78166.12168.47169.92172.26


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard162.27163.60165.82167.15169.37170.70172.92
Camarilla167.06167.39167.72168.04168.37168.69169.02
Woodie162.72163.82166.27167.37169.82170.92173.37
Fibonacci163.60164.96165.79167.15168.51169.34170.70


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard153.58158.11163.66168.19173.74178.27183.82
Camarilla166.43167.35168.28169.20170.12171.05171.97
Woodie154.08158.37164.16168.45174.24178.53184.32
Fibonacci158.11161.96164.34168.19172.04174.42178.27

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 38.28
MACD (12,26,9): -0.3300
Directional Movement: -18.27
AROON (14): -100.00
DEMA (21): 166.10
Parabolic SAR (0,02-0,02-0,2): 170.30
Elder Ray (13): -5.03
Super Trend (3,10): 169.93
Zig ZAG (10): 161.08
VORTEX (21): 0.8900
Stochastique (14,3,5): 25.94
TEMA (21): 166.02
Williams %R (14): -84.70
Chande Momentum Oscillator (20): -5.13
Repulse (5,40,3): -3.1300
ROCnROLL: 2
TRIX (15,9): 0.0300
Courbe Coppock: 3.38
MA7: 166.03
MA20: 167.68
MA50: 166.26
MA100: 168.61
MAexp7: 165.43
MAexp20: 166.35
MAexp50: 166.83
MAexp100: 166.11
Price / MA7: -2.98%
Price / MA20: -3.94%
Price / MA50: -3.12%
Price / MA100: -4.47%
Price / MAexp7: -2.63%
Price / MAexp20: -3.17%
Price / MAexp50: -3.45%
Price / MAexp100: -3.03%

This member declared not having a position on this financial instrument or a related financial instrument.

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