Login or Join
Learn then Earn

(OI) Owens Illinois complete technical analysis [charts+indicators] | Buy/Sell Owens Illinois | (OI) share price targets

Complete technical analysis of Owens Illinois (OI) by charts plus indicators, forecast predictions and share price targets for Owens Illinois (OI)

Owens Illinois trades in USA in Consumer Durables sector.

10 day averaged volume of Owens Illinois is 1346143

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 13.72 13.63 13.80 13.47 0.907 times
15 Wed May 2024 13.66 14.13 14.15 13.51 1.185 times
14 Tue May 2024 13.94 13.83 14.01 13.65 1.527 times
13 Mon May 2024 13.63 13.56 13.91 13.50 0.958 times
10 Fri May 2024 13.48 13.51 13.51 13.20 0.686 times

My analysis of stock is bearish for shortterm, and stock might move down till 13.2 or till 12.2. Use a stoploss of 14.03 and if the stock hits stoploss, then it can shoot up till 14.85

Share price targets for Owens Illinois (OI)

Target Type Value
Downside Target 12.41
Downside Target 13.16
Downside Target 13.47
Upside Target 13.88
Upside Target 14.44
Upside Target 15.02
Upside Target 15.34
Upside Target 15.72
Upside Target 15.75
Upside Target 16.59
Upside Target 17.36
Upside Target 17.52
Upside Target 17.58

Intraday share price targets for Owens Illinois (OI)

Target Type Value
Downside Intraday Target 13.41
Downside Intraday Target 13.1
Upside Intraday Target 14.09
Upside Intraday Target 14.46
Upside Intraday Target 13.78

Weekly technical analysis of Owens Illinois (OI)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 13.72 13.56 14.15 13.47 1.059 times
10 Fri May 2024 13.48 13.26 13.88 13.16 0.334 times
03 Fri May 2024 13.17 15.14 15.72 12.41 3.058 times
26 Fri Apr 2024 15.07 14.59 15.34 14.44 0.745 times
19 Fri Apr 2024 14.57 15.47 15.75 14.14 1.133 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Owens Illinois (OI)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 13.72 13.10 14.15 12.41 0.751 times
30 Tue Apr 2024 14.96 16.73 17.58 14.14 1.258 times
28 Thu Mar 2024 16.59 16.96 17.36 15.02 0.588 times
29 Thu Feb 2024 16.92 14.75 17.52 14.02 1.475 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Owens Illinois (OI)

Indicator Name Indicator Value Indicator Signal
ADX 24, 26, 4 Sell
MACD -1, -1Buy
Stochastics 74Buy
CCI 49Sell
RSI 23Sell
OBV 5797575Sell
VWAP 14Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Owens Illinois ( (OI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Owens Illinois ( (OI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Owens Illinois ( (OI) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Owens Illinois ( (OI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Owens Illinois stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Owens Illinois in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Owens Illinois Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Owens Illinois in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Owens Illinois is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.54 and Owens Illinois (OI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Owens Illinois (OI) stock. Volume based technical analysis of Owens Illinois (OI) stock is negative.

Owens Illinois Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Learn then Earn
Back to top | Use Dark Theme