Shares of Honeywell International (HON) Sees Large Inflow of Net Money Flow

Honeywell International (HON) : The money flow analysis of Honeywell International (HON) indicates a $28 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $37.74 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.35 and so was the total money flow at $9.74 million. A solid up-down ratio of 3.36 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $14.22 million worth of block trades on upticks. Only $4.23 million worth of the stock exchanged hands on downticks. The money flow was $9.99 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Honeywell International (HON), pushing it down by -0.29% for the day. The stock slid $0.34 and traded at $118.89 during the day. Nonetheless, the stock is 0.04% over the previous weeks close.


Honeywell International Inc. is up 3.51% in the last 3-month period. Year-to-Date the stock performance stands at 16.05%. Shares of Honeywell International Inc. rose by 0.27% in the last five trading days and 2.68% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SrVP, Engineering, Ops & IT) of Honeywell International Inc, Mikkilineni Krishna had sold 13,000 shares worth of $1,483,300 in a transaction dated May 27, 2016. In this transaction, 13,000 shares were sold at $114.1 per share.

Honeywell International (NYSE:HON): On Mondays trading session , Opening price of the stock was $119.23 with an intraday high of $119.25. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $118.68. However, the stock managed to close at $118.89, a loss of 0.29% for the day. On the previous day, the stock had closed at $119.23. The total traded volume of the day was 1,248,002 shares.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.

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