HONEYWELL INTERNATIONAL INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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

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10/03/2019 - 09:23
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Londinia

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Timeframe : Daily
- Analysis generated on 10/03/2019 - 09:21
Status : INVALID

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

6.4

Comment on the analysis

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:

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.

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:

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:

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:

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:

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:

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:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	155.95	159.98	162.09	166.12	168.23	172.26	174.36
Camarilla	162.50	163.07	163.63	164.19	164.75	165.32	165.88
Woodie	154.98	159.50	161.12	165.64	167.26	171.78	173.40
Fibonacci	159.98	162.33	163.78	166.12	168.47	169.92	172.26

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	162.27	163.60	165.82	167.15	169.37	170.70	172.92
Camarilla	167.06	167.39	167.72	168.04	168.37	168.69	169.02
Woodie	162.72	163.82	166.27	167.37	169.82	170.92	173.37
Fibonacci	163.60	164.96	165.79	167.15	168.51	169.34	170.70

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	153.58	158.11	163.66	168.19	173.74	178.27	183.82
Camarilla	166.43	167.35	168.28	169.20	170.12	171.05	171.97
Woodie	154.08	158.37	164.16	168.45	174.24	178.53	184.32
Fibonacci	158.11	161.96	164.34	168.19	172.04	174.42	178.27

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%

News

The latest news and videos published on HONEYWELL INTERNATIONAL INC. at the time of the analysis were as follows:

07/18/2019 - 06:30 Honeywell International, Inc. to Host Earnings Call
09/13/2018 - 22:19 Honeywell To Release Third Quarter Financial Results And Hold Its Investor Conference Call On Friday, October 19
09/12/2018 - 12:30 Honeywell Spinoff Resideo Announces Key Leadership And Stock Exchange Selection
09/07/2018 - 21:03 Honeywell to Present at Gabelli 24th Annual Aerospace and Defense Symposium
09/05/2018 - 12:53 Honeywell Board of Directors Declares Spin-off Dividend of Garrett Shares

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

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