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 8.63% per annum.
- HON price at the close of March 25, 2026 was $225.79 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 126.83% per annum.
- HON price at the close of March 25, 2026 was lower than the bottom border of the secondary price channel by $2.73 (1.19%). This indicates a possible reversal in the secondary trend direction.
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 21, 2023
End date: March 25, 2026
a = 4.9589
b = 0.0002
s = 0.0520
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 8.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0520) – 1
= 23.10%
February 21, 2023 calculations
Top border of price channel:
Exp(Y479)
= Exp(a + b × X479 + 2 × s)
= Exp(a + b × 697 + 2 × s)
= Exp(4.9589 + 0.0002 × 697 + 2 × 0.0520)
= Exp(5.2209)
= $185.09
Bottom border of price channel:
Exp(Y479)
= Exp(a + b × X479 – 2 × s)
= Exp(a + b × 697 – 2 × s)
= Exp(4.9589 + 0.0002 × 697 – 2 × 0.0520)
= Exp(5.0130)
= $150.36
March 25, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.9589 + 0.0002 × 1,825 + 2 × 0.0520)
= Exp(5.4767)
= $239.06
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.9589 + 0.0002 × 1,825 – 2 × 0.0520)
= Exp(5.2688)
= $194.19
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 8.63% per annum.
- HON price at the close of March 25, 2026 was $225.79 and was inside the primary price channel.
Secondary Trend
Start date: November 17, 2025
End date: March 25, 2026
a = 1.4168
b = 0.0022
s = 0.0402
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 126.83%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0402) – 1
= 17.42%
November 17, 2025 calculations
Top border of price channel:
Exp(Y1,167)
= Exp(a + b × X1,167 + 2 × s)
= Exp(a + b × 1,697 + 2 × s)
= Exp(1.4168 + 0.0022 × 1,697 + 2 × 0.0402)
= Exp(5.3050)
= $201.34
Bottom border of price channel:
Exp(Y1,167)
= Exp(a + b × X1,167 – 2 × s)
= Exp(a + b × 1,697 – 2 × s)
= Exp(1.4168 + 0.0022 × 1,697 – 2 × 0.0402)
= Exp(5.1444)
= $171.47
March 25, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.4168 + 0.0022 × 1,825 + 2 × 0.0402)
= Exp(5.5922)
= $268.33
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.4168 + 0.0022 × 1,825 – 2 × 0.0402)
= Exp(5.4316)
= $228.52
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 126.83% per annum.
- HON price at the close of March 25, 2026 was lower than the bottom border of the secondary price channel by $2.73 (1.19%). This indicates a possible reversal in the secondary trend direction.