(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 1362702
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 13.15 | 13.26 | 13.35 | 12.98 | 2.169 times |
| 17 Fri May 2024 | 13.29 | 13.75 | 13.75 | 13.25 | 1.21 times |
| 16 Thu May 2024 | 13.72 | 13.63 | 13.80 | 13.47 | 0.896 times |
| 15 Wed May 2024 | 13.66 | 14.13 | 14.15 | 13.51 | 1.171 times |
| 14 Tue May 2024 | 13.94 | 13.83 | 14.01 | 13.65 | 1.508 times |
| 13 Mon May 2024 | 13.63 | 13.56 | 13.91 | 13.50 | 0.946 times |
| 10 Fri May 2024 | 13.48 | 13.51 | 13.51 | 13.20 | 0.678 times |
| 09 Thu May 2024 | 13.45 | 13.48 | 13.53 | 13.36 | 0.527 times |
| 08 Wed May 2024 | 13.40 | 13.20 | 13.54 | 13.16 | 0.777 times |
| 07 Tue May 2024 | 13.39 | 13.42 | 13.88 | 13.34 | 1.32 times |
Stock of Owens Illinois (OI) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.1 as stoploss in an intra day buy trade for a target of 13.88. However, stock will show a bearish move below 13.1.
Share price targets for Owens Illinois (OI)
| Target Type | Value |
| Downside Target | 12.41 |
| Downside Target | 12.98 |
| Upside Target | 13.88 |
| Upside Target | 14.44 |
| Upside Target | 14.46 |
| Upside Target | 15.02 |
| Upside Target | 15.34 |
| Upside Target | 15.72 |
| 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 | 12.97 |
| Downside Intraday Target | 12.79 |
| Upside Intraday Target | 13.34 |
| Upside Intraday Target | 13.53 |
| Upside Intraday Target | 13.16 |
Weekly technical analysis of Owens Illinois (OI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 13.15 | 13.26 | 13.35 | 12.98 | 0.378 times |
| 17 Fri May 2024 | 13.29 | 13.56 | 14.15 | 13.25 | 1.343 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 |
Price has moved down 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 |
| 20 Mon May 2024 | 13.15 | 13.10 | 14.15 | 12.41 | 0.886 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 | 1.441 times |
Scroll below to view daily charts
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)
Price action analysis of Owens Illinois ( (OI) ) based on a short 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.
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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
Owens Illinois Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Owens Illinois in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Owens Illinois is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.49 and Owens Illinois (OI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
Price action analysis of Owens Illinois ( (OI) ) based on a short 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.
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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
Owens Illinois Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Owens Illinois in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Owens Illinois is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.49 and Owens Illinois (OI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.