The Relative Strength (RS) Rating for Honeywell International climbed into a higher percentile Tuesday, as it got a lift from 68 to 77.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or better RS Rating as they begin their largest price moves. See if Honeywell International can continue to rebound and hit that benchmark.
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Honeywell International is trying to complete a flat base with a 242.77 entry. See if the stock can break out in volume at least 40% higher than normal.
The company reported 8% earnings growth in its most recent report, while sales growth came in at 6%. The next quarterly numbers are expected on or around Feb. 6.
Honeywell International holds the No. 6 rank among its peers in the Diversified Operations industry group. Emerson Electric, 3M and Berkshire Hathaway Cl B are among the top 5 highly rated stocks within the group.
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