Is Honeywell Auto technically bullish or bearish?

Aug 29 2025 08:04 AM IST
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As of August 28, 2025, Honeywell Auto shows a mildly bullish trend with daily moving averages indicating bullish momentum, but mixed signals from the MACD and RSI suggest caution.
As of 28 August 2025, the technical trend for Honeywell Auto has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the weekly Dow Theory showing a mildly bullish outlook. However, the MACD remains bearish on both weekly and monthly time frames, which tempers the overall bullish sentiment. The monthly RSI is bullish, but the weekly RSI shows no signal, indicating mixed signals across different time frames. The Bollinger Bands are bullish weekly but mildly bearish monthly, adding to the complexity of the current technical picture. Overall, while there are bullish indicators, the bearish MACD and mixed signals suggest caution.
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