Bullish Case: HON's long-term appreciation trend and recent bullish guidance indicate growth potential. The company's diversification enhances resilience, positioning for gains.


Bearish Case: Recent underperformance, low trading volume, and imminent market saturation risks signal potential near-term price correction for HON.


Potential Outcomes:

1. Continued bullish guidance delivering +1.5% gains (60% probability).

2. Mean reversion and market saturation causing -2% losses (40% probability).


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April 13, 2024


Honeywell International Forecast

HON        Honeywell International
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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