The best indicator for Honeywell (HON)
We backtested 382 indicators across daily, weekly and hourly charts on real Honeywell (HON) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Honeywell (HON) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Zero-Lag MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Honeywell (HON) over ~65.0 years — trailing buy-and-hold by 2.1% CAGR.
Honeywell (HON) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Honeywell (HON) — trailing buy-and-hold by 4.0% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Zero-Lag MACD ✓ | Weekly | 6.4% | 0.43 | -49.0% | 52.0% | 294 | -2.1% |
| 2 | Markov Regime ✓ | Weekly | 8.0% | 0.43 | -68.6% | 36.8% | 76 | -0.6% |
| 3 | Laguerre RSI ✓ | Weekly | 5.0% | 0.41 | -46.2% | 65.7% | 99 | -3.6% |
| 4 | Volume Flow Indicator ✓ | Weekly | 6.8% | 0.39 | -65.6% | 40.9% | 22 | -1.8% |
| 5 | Camarilla Pivots ✓ | Weekly | 5.8% | 0.39 | -61.1% | 53.4% | 686 | -2.8% |
| 6 | Demand Index ✓ | Weekly | 5.9% | 0.39 | -57.1% | 65.1% | 172 | -2.6% |
| 7 | SMA 20/80 Cross ✓ | Weekly | 6.1% | 0.39 | -56.5% | 66.7% | 21 | -2.5% |
| 8 | VIDYA 200 Trend ✓ | Weekly | 7.6% | 0.41 | -68.6% | 35.7% | 14 | -0.9% |
| 9 | McGinley 100 Trend ✓ | Weekly | 8.5% | 0.44 | -68.6% | 38.5% | 13 | -0.0% |
| 10 | McGinley 200 Trend ✓ | Daily | 6.8% | 0.38 | -70.1% | 30.1% | 83 | -1.8% |
| 11 | Trend Intensity Index ✓ | Weekly | 5.8% | 0.38 | -52.1% | 70.0% | 20 | -2.7% |
| 12 | McGinley 200 Trend ✓ | Weekly | 8.3% | 0.43 | -68.6% | 38.5% | 13 | -0.2% |
| 13 | WaveTrend (8/6/4) ✓ | Daily | 5.7% | 0.37 | -58.4% | 74.3% | 245 | -2.9% |
| 14 | Ultimate Oscillator ✓ | Daily | 5.7% | 0.37 | -52.4% | 73.6% | 72 | -2.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Honeywell (HON)
0 of 728 tested setups beat buy-and-hold on Honeywell (HON) outright. Another 185 could get there with leverage they would survive — but 422 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Zero-Lag MACD | — | 1.49× | 2.52× |
| SMC: Change of Character | — | 1.64× | 2.14× |
| McGinley 30 Trend | — | 1.76× | 2.48× |
| DEMA 20/50 Cross | — | 1.89× | 3.93× |
| EMA 200 Trend | — | 1.94× | 2.91× |
| TEMA 20/50 Cross | — | 1.98× | 2.71× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Honeywell (HON), Zero-Lag MACD on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when Honeywell’s signal flips
We track Honeywell daily. Its backtested best indicator, Zero-Lag MACD (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.