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Technicals for Honeywell Automation India Limited
By MusingTheNews
2026-02-02 20:38
Overall Technical outlook
Price Summary
In today's trading session, HONAUT's shares rose by 2.0%, marking a remarkable day. Honeywell Automation India Limited's stock started the year at 32950.0, climbed to a high of 33920.0, fell to 32340.0, and closed 2.0% up at 33610.0, with 3290 shares traded on 2026-02-02. In the last 52 weeks, the stock's top price was 41200.0 and the bottom price was 30790.0. Based on recommendations from 5 analysts, the future price of HONAUT is expected to range from 32000.0 to 39780.0, with an average price expectation around 37297.2.
Technicals
Support and Resistance: The current price for HONAUT is 33610.0, supported at 33005.0 with resistance at 34135.0. This indicates a trading range where 33005.0 might prevent further declines, while 34135.0 could hinder additional gains. Support/Resistance for HONAUT
Aroon: The AROON is in a neutral stance for HONAUT, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Honeywell Automation India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Honeywell Automation India Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Honeywell Automation India Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Honeywell Automation India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for HONAUT, with no strong trend emerging. Tripple SMA chart for Honeywell Automation India Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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