Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Honeywell International Inc shares valued at $116,258 were purchased by KEVIN BURKE on Nov 15 ’24. At $230.67 per share, KEVIN BURKE acquired 504 shares.
Also, D. SCOTT DAVIS purchased 2,450 shares, netting a total of over 535,011 in proceeds.
Before that, KAREN L MATTIMORE had added 12,532 shares to its account. In a trade valued at $2,650,267, the Officer bought Honeywell International Inc shares for $211.48 each.
As published in a research note from HSBC Securities on December 11, 2024, Honeywell International Inc [HON] has been rated up from a Hold to a Buy and the price target has been revised to $290. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in late October. As of October 25, 2024, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for HON. Earlier on October 24, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for HON stock which previously was a “a Buy”.
Analyzing HON Stock Performance
During the last five days, there has been a drop of approximately -6.36%. Over the course of the year, Honeywell International Inc shares have dropped approximately -7.11%. Shares of the company reached a 52-week high of $228.97 on 01/13/25 and a 52-week low of $206.18 on 02/06/25. A 50-day SMA is recorded $225.51, while a 200-day SMA reached $212.17. Nevertheless, trading volume fell to 11.95 million shares from 4.6 million shares the previous day.
Support And Resistance Levels for Honeywell International Inc (HON)
According to the 24-hour chart, there is a support level at 205.59, which, if violated, would cause prices to drop to 201.35. In the upper region, resistance lies at 214.65. The next price resistance is at 219.47. RSI (Relative Strength Index) is 32.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.66, which suggests the price will decrease in the coming days. Percent R is at 83.11%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
