Question 1

What implications does the 10-day RSI indicator have for HON?

Accepted Answer

The RSI Indicator for HON moved out of oversold territory on August 14, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In 20 of the 30 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about HON's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 34 of 65 cases where HON's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did HON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on HON as a result. In 53 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for HON?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for HON just turned positive on August 19, 2024. Looking at past instances where HON's MACD turned positive, the stock continued to rise in 27 of 43 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 10-day moving average indicator for HON?

Accepted Answer

The 10-day moving average for HON crossed bearishly below the 50-day moving average on July 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for HON?

Accepted Answer

Following a +0.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where HON advanced for three days, in 177 of 347 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for HON's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HON declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 51%.

Question 8

How does the Aroon Indicator reflect on HON's trend?

Accepted Answer

The Aroon Indicator for HON entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

HON Stock Tickeron detected bullish Stock Pattern: Wedge Falling HON on May 09, 2024, netting in a 5.68% gain over 4 weeks

HON's RSI Indicator climbs out of oversold territory

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