Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Honeywell's stock declined in the short term alongside the main upward trend line, while seeking a bottom to bolster it higher, marking a 0.26% loss and nearing the support of the 50-day SMA.
Therefore we expect the stock to return higher, targeting the first resistance at 178.65.
Expected trend for today: Bullish