Honeywell Int'l(HON)

Honeywell Int'l (HON) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for HON · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$232.99last close · Jul 22, 202652-week range $195.87$260.28 · 10.49% below the high

HON Falling Wedge Pattern

HON is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $264.27 (+14.1%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; HON's own falling wedges have hit 61.5%.

DirectionBullishTarget$264.27Projected move+14.1%Breakout level$233.28

New to this pattern? What a falling wedge is and how to trade it →

HON's Most Recent Triangle Trade

HON's most recent completed triangle resolved as a win: it broke higher on May 20, 2026 near $228.03, then reached its target at $234.15 on Jun 3, 2026 — a 2.7% move (+0.98R) over 9 sessions. Across 161 backtested triangles, this setup wins 57.1% of the time.

OutcomeWinResult+2.7%R+0.98REntry$228.03Exit$234.15

Learn about triangle

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
HON win rate
61.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

HON Pattern Trade History

Every completed pattern trade our nightly backtest found on HON's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMay 20, 2026 @ $228.03Jun 3, 2026 @ $234.15Win+10.0% · +0.98R
Falling WedgeDec 12, 2025 @ $204.03Jan 28, 2026 @ $227.21Win+10.5% · +2.84R
TriangleApr 4, 2025 @ $200.91Apr 7, 2025 @ $185.09Win+9.5% · +1.22R
TriangleMar 24, 2025 @ $209.20Apr 4, 2025 @ $188.79Loss+9.2% · -2.99R
TriangleFeb 6, 2025 @ $212.52Feb 7, 2025 @ $206.52Win+5.3% · +0.55R
TriangleOct 8, 2024 @ $206.38Oct 24, 2024 @ $206.69Win+6.4% · +0.04R
Rising WedgeJul 24, 2024 @ $213.38Jul 25, 2024 @ $203.12Win+5.5% · +2.11R
Falling WedgeMay 8, 2024 @ $194.71May 22, 2024 @ $200.46Win+5.8% · +0.85R
TriangleMar 27, 2024 @ $200.60Apr 15, 2024 @ $191.80Loss+9.0% · -1.12R
Falling WedgeOct 31, 2023 @ $177.97Dec 8, 2023 @ $192.37Win+8.6% · +2.82R
Rising WedgeJul 27, 2023 @ $201.36Jul 28, 2023 @ $199.26Win+3.3% · +0.32R
Rising WedgeJul 17, 2023 @ $203.05Jul 27, 2023 @ $193.98Win+5.6% · +1.68R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

HON Support and Resistance Levels

Price is bouncing off a floor near $217.39 and starting to climb. On the weekly chart, the next ceiling overhead sits near $287.93 — about 24% away.

  • Traders commonly watch $287.93 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $217.39 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

HON Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$232.46$238.11$231.32$232.99
Jul 21, 2026$227.90$232.84$225.51$229.86
Jul 20, 2026$225.00$227.77$223.59$226.18
Jul 17, 2026$225.96$230.47$224.53$225.02
Jul 16, 2026$221.17$226.40$221.17$226.33
Jul 15, 2026$222.50$225.91$220.54$222.84
Jul 14, 2026$223.30$225.78$222.22$222.68
Jul 13, 2026$225.95$226.87$220.39$222.25
Jul 10, 2026$224.05$228.78$222.11$226.42
Jul 9, 2026$221.22$223.50$218.10$223.42

HON Frequently Asked Questions

What chart pattern is HON forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Honeywell Int'l (HON) on the daily chart, with a measured-move target of $264.27.
Is a falling wedge bullish or bearish?
The falling wedge detected on HON is a bullish pattern, projecting a measured-move target of $264.27. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if HON's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $264.27 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was HON's closing price on Jul 22, 2026?
Honeywell Int'l (HON) last closed at $232.99 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.