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Honeywell International (HON) Breaks Through Support at $135.27

By Nick Russo

Shares of Honeywell International (NYSE:HON) have bearishly opened below the pivot of $135.58 today and have reached the first support level of $135.27. Investors may be interested in a cross of the next downside pivot targets of $134.69 and $133.80.

Honeywell International (NYSE:HON) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $132.25. The stock should find initial resistance at its 200-day moving average (MA) of $103.88 and further resistance at its 50-day MA of $111.44.

In the past 52 weeks, Honeywell International share prices have been bracketed by a current low of $0.00 and a high of $135.90 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.17% higher and 0.66% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Honeywell International on December 13th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $117.85. Since that recommendation, shares of Honeywell International have risen 15.3%. We continue to monitor HON for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts Honeywell International

Ticker(s): HON