Honeywell International (HON) has risen sharply, recording gains of 0.02% in the past 4 weeks. However, the stock has corrected -0.31% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.15% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.16% and the 50-Day Moving Average is 0.24%.The 200 Day SMA reached 6.72%. Honeywell International Inc. is up 1.25% in the last 3-month period. Year-to-Date the stock performance stands at 14.19%.
Honeywell International (NYSE:HON): After opening at $116.26, the stock dipped to an intraday low of $115.81 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $116.94 and the buying power remained strong till the end. The stock closed at $116.39 for the day, a gain of 0.22% for the day session. The total traded volume was 2,474,340. The stocks close on the previous trading day was $116.13.
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.