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Technicals for Honeywell Automation India Limited
By MusingTheNews
2025-12-12 20:38
Overall Technical outlook
Price Summary
On 2025-12-11, Honeywell Automation India Limited's stock opened at 34065.0, reached 34325.0, hit a low of 33740.0, and rose -0.65% to close at 33845.0, with 3127 shares traded. The stock's highest price in the past 52 weeks is 43082.8, while its lowest price during the same period is 32649.8. 5 analysts estimate that the future price of HONAUT will fall between 32000.0 and 39780.0, with an average price expectation of approximately 37297.2.
Technicals
Support and Resistance: The price for HONAUT at 33845.0 is supported by the 34135.0 level and faces resistance at 34135.0. This range indicates key levels where the price may find buyers near 34135.0 and sellers near 34135.0, defining a trading range. Support/Resistance for HONAUT
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Honeywell Automation India Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Honeywell Automation India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for HONAUT, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Honeywell Automation India Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Honeywell Automation India Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Honeywell Automation India Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long. Tripple SMA chart for Honeywell Automation India Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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