The best indicator for Honeywell (HON)
We backtested 20 indicators across daily, weekly and hourly charts on real Honeywell (HON) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
RSI Mean-Reversion
On the weekly chart, this is the strongest risk-adjusted edge we found for Honeywell (HON) over ~64.7 years — trailing buy-and-hold by 4.9% CAGR.
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 | RSI Mean-Reversion ✓ | Weekly | 3.8% | 0.38 | -31.2% | 88.2% | 17 | -4.9% |
| 2 | CCI ✓ | Weekly | 5.4% | 0.38 | -53.0% | 82.1% | 67 | -3.3% |
| 3 | WaveTrend (8/6/4) ✓ | Daily | 5.7% | 0.36 | -58.4% | 74.5% | 243 | -3.1% |
| 4 | WaveTrend (8/6/4) ✓ | Weekly | 5.2% | 0.36 | -55.4% | 71.4% | 49 | -3.5% |
| 5 | Stochastic ✓ | Daily | 4.9% | 0.35 | -59.8% | 73.3% | 330 | -3.8% |
| 6 | SMA 50/200 Cross ✓ | Daily | 4.9% | 0.33 | -54.8% | 46.0% | 50 | -3.9% |
| 7 | Williams %R ✓ | Daily | 4.7% | 0.33 | -57.7% | 73.6% | 432 | -4.0% |
| 8 | CCI ✓ | Daily | 4.6% | 0.33 | -64.1% | 73.8% | 328 | -4.2% |
| 9 | EMA 20/50 Cross ✓ | Weekly | 4.8% | 0.33 | -73.1% | 58.6% | 29 | -3.9% |
| 10 | Stochastic ✓ | Weekly | 4.2% | 0.33 | -60.3% | 72.9% | 59 | -4.5% |
| 11 | Holy Grail Confluence ✓ | Weekly | 4.0% | 0.32 | -51.2% | 93.8% | 16 | -4.7% |
| 12 | Money Flow Index ✓ | Weekly | 4.2% | 0.35 | -57.0% | 84.6% | 13 | -4.5% |
| 13 | Williams %R ✓ | Weekly | 3.7% | 0.29 | -54.9% | 69.0% | 84 | -5.0% |
| 14 | EMA 50/200 Cross ✓ | Daily | 3.4% | 0.27 | -72.5% | 44.9% | 49 | -5.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Honeywell (HON), RSI Mean-Reversion 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 the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.