A look at the Uptrend in Honeywell International Inc.
Honeywell International Inc. ($HON) averages are at $86.74 (21 day SMA), $85.08 (50 day SMA), $78.60 (200 day SMA). Over the past 52 weeks HON has traded from a low of $59.85 to a high of $89.52. HON was last at $87.40 on a volume of 1,269,430. Average daily volume has been at 2,598,411.
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Honeywell International has been trending higher along with the aerospace/defense sector and the industrials. The stock continues to print a series of higher lows, with current support down at $48. The stock is just $1.50 above that level now. Those who are looking for a low-risk entry on this strong stock might want to look at pullbacks to $48. If history repeats itself (and it usually does), this is where buyers will step in.
Honeywell International, Inc. is a technology & manufacturing company, which serves customers with aerospace products & services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, chemicals.
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