SMARTREND NEWS & MARKET ANALYSIS
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Technical Analysis
SmarTrend Detects Continued Selling Pressure in Shares of Honeywell International (HON) - 2/8/2010 12:33:51 PM

SmarTrend identified a Downtrend for Honeywell International (NYSE:HON) on January 29, 2010 at $38.38. In approximately 1 week, Honeywell International has returned 3.6% as of today's recent price of $37.01.

Honeywell International is currently below its 50-day moving average of $40.19 and should find support at its 200-day moving average of $36.43. Look for these moving averages to decline to confirm the company's downward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Honeywell International.


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