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HON stock price analysis highlights increased bear activity.
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HON stock dropped over 4% and 8% over the week and the month, respectively.
Honeywell International Inc., (NASDAQ: HON) last week, reported its Q2 2023 results, after which, HON stock price slid downward with the potential strength of active bears in the market. Bears’ dominance affected HON stock price that dropped 4.28% in its recent price analysis. Whereas, the RSI of the stock also showed a downside trend.
HON Stock Price Analysis
This weekend, on August 4, 2023, Friday, HON stock price opened at $191.26, lost $1.30 and then slid 0.68% in the intraday trading session. The trading price range was in between $191.82 to $188.81, which clearly shows the negative trend of the stock. The year-to-date (YTD) price analysis shows over 12% price decline which shows just 1% price drop, as per the data sourced from TradingView, a web-based social network for traders.
Source: HON/USD by TradingVi
We współpracy z: https://www.thecoinrepublic.com/2023/08/06/hon-stock-price-analysis-bears-show-their-strength/
