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 0.48% in the last session while gathering momentum to help it rise anew as it vented off overbought saturation in the RSI, with support from the 50-day SMA, amid the dominance of the main upward long-term trend.
Therefore we expect the stock to rise and target the pivotal resistance of 183.98.
Expected trend for today: Bullish