OWENS CORNING (OC) Technical Analysis
NYSE:OC • US6907421019
Current stock price
106.46 USD
+3.41 (+3.31%)
At close:
106.46 USD
0 (0%)
After Hours:
OC Technical Rating and Analysis
Overall OC gets a technical rating of 0 out of 10. OC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than OC.
- OC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OC is lagging the market.
- In the last month OC has a been trading in the 102.62 - 136.50 range, which is quite wide. It is currently trading near the lows of this range.
- OC has an average volume of 1472890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OC is part of the Building Products industry. There are 42 other stocks in this industry, OC did better than 41% of them.
OC Weekly and Daily overview Charts
OC Setup Rating and Analysis
The technical rating of OC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OC Support and Resistance Analysis
105.40
135.95
We can see 3 important resistance areas.
- A resistance zone ranging from 119.50 to 122.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @130.10 from a trend line in the weekly time frame.
- Resistance @134.60 from a trend line in the daily time frame.
OC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OC is down. |
| ChartMill Relative Strength | 18.7 | NEGATIVE | OC has a low relative strength, it was outperformed by 81.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.62 | NEUTRAL | The RSI value for OC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.94 | NEGATIVE | The MACD value suggests OC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.35 | OVERSOLD | The low Stochastics value suggests OC may be oversold. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for OC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.4 | POSITIVE | The high ADX value value for OC suggests a strong trend. |
OC Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OC Technicals: Chart, Performance Metrics, Trend & Indicators
106.46
+3.41 (+3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.31%
1 Week-3%
2 Weeks-12.79%
1 Month-21.27%
3 Month-8.22%
6 Month-30.09%
12 Month-26.05%
2 Year-36.18%
3 Year11.13%
5 Year15.6%
10 Year125.17%
15 Year195.8%
Volatility
ATR(14)5.55
ATR(20)%4.75%
ATR Inc-27.1%
Range Today2.98
ADR(20)4.71
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.7
3 months CRS31.2
6 months CRS16.23
Mansfield-2.32
10 Day High120.54
10 Day Low102.62
20 Day High136.5
20 Day Low102.62
52 Week High159.42
52 Week Low97.53
CS1 EndN/A
CR1 Start119.5
Volume & EV
DER(3)-0.04%
DER(5)-1.53%
Volume1.71M
Volume Incr1.67%
Vol(5)1.60M
Vol(50)1.47M
OWENS CORNING / OC TA FAQ
What is the technical rating for OC stock?
ChartMill assigns a technical rating of 0 / 10 to OC.
Can you provide the trend direction for OWENS CORNING?
The current trend direction for OWENS CORNING (OC) is Bearish.
Can you provide the RSI signal for OWENS CORNING?
OWENS CORNING (OC) has an RSI value of 31.6173. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OWENS CORNING?
The short term momentum for OWENS CORNING (OC) is negative.
Can you provide the buy/sell signal for OWENS CORNING?
The buy/sell signal for OWENS CORNING (OC) is sell as both the short term and long term trends are negative.