The Potential Rise in the Price of Honeywell International Inc (HON) following insiders activity

In a filing, Honeywell International Inc revealed its Director ROBIN WASHINGTON acquired Company’s shares for reported $0.44 million on Feb 18 ’25. In the deal valued at $206.03 per share,2,124 shares were bought.

Then, Madden Anne T sold 28,885 shares, generating $6,004,903 in total proceeds. Upon selling the shares at $207.89, the SrVP and General Counsel now owns 41,580 shares.

Before that, ANNE T MADDEN bought 28,885 shares. Honeywell International Inc shares valued at $6,005,108 were divested by the Officer at a price of $207.90 per share.

BofA Securities upgraded its Honeywell International Inc [HON] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. HSBC Securities also remained covering HON and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating. Wolfe Research revised its rating on October 28, 2024. It rated HON as “a Peer perform” which previously was an “an Outperform”.

Price Performance Review of HON

On Monday, Honeywell International Inc [NASDAQ:HON] saw its stock fall -0.51% to $225.52. Over the last five days, the stock has gained 1.57%. Honeywell International Inc shares have fallen nearly -0.16% since the year began. Nevertheless, the stocks have risen 14.44% over the past one year. While a 52-week high of $242.77 was reached on 01/13/25, a 52-week low of $179.36 was recorded on 04/09/25. SMA at 50 days reached $210.21, while 200 days put it at $213.90.

Levels Of Support And Resistance For HON Stock

The 24-hour chart illustrates a support level at 223.72, which if violated will result in even more drops to 221.92. On the upside, there is a resistance level at 226.63. A further resistance level may holdings at 227.74. The Relative Strength Index (RSI) on the 14-day chart is 62.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.64%. Stochastics %K at 84.17% indicates the stock is a selling.

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