Chart pattern

HON chart pattern — Honeywell Technologies

1 formation detected on the latest close (Nov 06, 2026).

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$220.05

Trigger$184.52 (-16.1%)

Upper boundary$236.09

Lower boundary$184.52

Pattern spanJun 12, 2026 → 21 bars

Touches6

Fit score77/100

A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.