Honeywell International Inc (HON)
Honeywell International Inc. is an American publicly traded, multinational conglomerate headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS).
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 6.94% per annum.
- HON price at the close of December 8, 2025 was $191.99 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 21.72% per annum.
- HON price at the close of December 8, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HON price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 3, 2022
End date: September 18, 2025
a = 5.0038
b = 0.0002
s = 0.0529
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 6.94%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0529) – 1
= 23.54%
February 3, 2022 calculations
Top border of price channel:
Exp(Y290)
= Exp(a + b × X290 + 2 × s)
= Exp(a + b × 421 + 2 × s)
= Exp(5.0038 + 0.0002 × 421 + 2 × 0.0529)
= Exp(5.1869)
= $178.91
Bottom border of price channel:
Exp(Y290)
= Exp(a + b × X290 – 2 × s)
= Exp(a + b × 421 – 2 × s)
= Exp(5.0038 + 0.0002 × 421 – 2 × 0.0529)
= Exp(4.9755)
= $144.82
September 18, 2025 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,744 + 2 × s)
= Exp(5.0038 + 0.0002 × 1,744 + 2 × 0.0529)
= Exp(5.4300)
= $228.16
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,744 – 2 × s)
= Exp(5.0038 + 0.0002 × 1,744 – 2 × 0.0529)
= Exp(5.2186)
= $184.68
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 6.94% per annum.
- HON price at the close of December 8, 2025 was $191.99 and was inside the primary price channel.
Secondary Trend
Start date: May 27, 2025
End date: December 8, 2025
a = 6.4726
b = -0.0007
s = 0.0263
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0263) – 1
= 11.09%
May 27, 2025 calculations
Top border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(6.4726 + -0.0007 × 1,630 + 2 × 0.0263)
= Exp(5.4315)
= $228.48
Bottom border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(6.4726 + -0.0007 × 1,630 – 2 × 0.0263)
= Exp(5.3262)
= $205.66
December 8, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(6.4726 + -0.0007 × 1,825 + 2 × 0.0263)
= Exp(5.3006)
= $200.46
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.4726 + -0.0007 × 1,825 – 2 × 0.0263)
= Exp(5.1954)
= $180.44
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 21.72% per annum.
- HON price at the close of December 8, 2025 was inside the secondary price channel.