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

Auto-detected technical analysis for HON · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$248.79last close · Aug 4, 202652-week range $195.87 – $260.28 · 4.42% below the high
Falling Wedge · playing out now

HON just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 61% of the time.

As long as price stays above $218.1, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $264.3 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

HON Falling Wedge Pattern

HON is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

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

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
HON win rate
46.2%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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
Falling WedgeDec 12, 2025 @ $204.03Jan 28, 2026 @ $227.21Win+2.84R
TriangleApr 4, 2025 @ $200.91Apr 7, 2025 @ $185.09Win+1.22R
TriangleMar 24, 2025 @ $209.20Apr 4, 2025 @ $188.79Loss-2.99R
TriangleFeb 6, 2025 @ $212.52Feb 7, 2025 @ $206.52Win+0.55R
TriangleOct 8, 2024 @ $206.38Oct 24, 2024 @ $206.69Win+0.04R
Rising WedgeJul 24, 2024 @ $213.38Jul 25, 2024 @ $203.12Win+2.11R
Falling WedgeMay 8, 2024 @ $194.71May 22, 2024 @ $200.46Win+0.85R
TriangleMar 27, 2024 @ $200.60Apr 15, 2024 @ $191.80Loss-1.12R
Falling WedgeOct 31, 2023 @ $177.97Dec 8, 2023 @ $192.37Win+2.82R
Rising WedgeJul 27, 2023 @ $201.36Jul 28, 2023 @ $199.26Win+0.32R
TriangleJul 21, 2023 @ $207.26Jul 27, 2023 @ $194.15Loss-2.27R
Rising WedgeJul 17, 2023 @ $203.05Jul 27, 2023 @ $193.51Win+1.77R

HON Support and Resistance Levels

Price found a floor near $217.39 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $305.02 — still about 23% away.

  • Traders commonly watch $305.02 as a target (its 200% 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 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $247.41, resistance near $353.33. These are chart/swing-derived levels, not formula pivots.

Resistance
$353.33
Support
$247.41$227.91$217.43$195.46

HON Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$249.62$250.26$245.00$248.79
Aug 3, 2026$245.47$249.64$242.20$246.77
Jul 31, 2026$240.52$246.00$238.02$243.05
Jul 30, 2026$241.88$242.42$237.36$241.91
Jul 29, 2026$245.44$246.24$240.32$241.12
Jul 28, 2026$249.80$252.00$246.09$247.05
Jul 27, 2026$244.50$248.01$242.53$245.75
Jul 24, 2026$246.89$247.75$239.12$243.15
Jul 23, 2026$238.00$250.27$237.69$246.27
Jul 22, 2026$232.46$238.11$231.32$232.99

HON Frequently Asked Questions

What chart pattern is HON forming right now?
As of Aug 4, 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for HON?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), HON's nearest support is around $247.41 and nearest resistance around $353.33.
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 Aug 4, 2026?
Honeywell Int'l (HON) last closed at $248.79 on Aug 4, 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.