Honeywell: fresh sell signal, but the setup calls for caution

Honeywell International receives a sell signal in its first week, ranking 87th among 114 sell signals for US stocks. This was an indecisive week, with a signal strength of just 2 out of 100. Our model flags trading as not recommended: the stock remains more than 10% above its 200-week moving average. The confirmation week is still in progress.