O-I GLASS INC (OI)

US67098H1041 - Common Stock

15.41  +0.32 (+2.12%)

Technical Rating and Analysis

1

Overall OI gets a technical rating of 1 out of 10. OI 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.
When comparing the yearly performance of all stocks, OI is a bad performer in the overall market: 80% of all stocks are doing better.
OI is part of the Containers & Packaging industry. There are 23 other stocks in this industry, of which 100% are performing better than OI.
OI 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 OI is lagging the market.
In the last month OI has a been trading in the 15.02 - 17.58 range, which is quite wide. It is currently trading near the lows of this range.
OI has an average volume of 1720290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
OI Weekly chart
OI Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, OI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.44

23.67

We found 1 important support area.

  • A support zone ranging from 14.59 to 14.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 15.62 to 15.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @16.90 from a trend line in the daily time frame.
  • A resistance zone ranging from 17.25 to 17.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.44 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.34
Mansfield-2.32
10 Day High17.29
10 Day Low15.03
20 Day High17.58
20 Day Low15.02
52 Week High23.57
52 Week Low13.56
Performance
1 Week-6.27%
2 Weeks-12.52%
1 Month-0.59%
3 Month0.6%
6 Month-0.66%
12 Month-30.01%
2 Year11.94%
3 Year-8.49%
5 Year-23.63%
10 Year-52.52%
15 Year-38.13%
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)40.48
LBB14.64
UBB17.32
OI Daily chart

O-I GLASS INC

NYSE:OI (4/18/2024, 12:30:08 PM)

15.41

+0.32 (+2.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.12%
1 Week-6.27%
2 Weeks-12.52%
1 Month-0.59%
3 Month0.6%
6 Month-0.66%
12 Month-30.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%3.55%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.29
10 Day Low15.03
20 Day High17.58
20 Day Low15.02
52 Week High23.57
52 Week Low13.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume317.57K
Volume Incr-11.19%
Vol(5)1.33M
Vol(50)1.72M