O-I GLASS INC (OI)

US67098H1041 - Common Stock

11.56  +0.27 (+2.39%)

After market: 11.56 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, OI scores 1 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than OI.
OI is one of the lesser performing stocks in the Containers & Packaging industry. 95% of 22 stocks in the same industry do better.
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.
OI has an average volume of 1791410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OI has a been trading in the 10.08 - 12.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.

Support and Resistance Analysis

11.44

17.43

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 11.57 to 11.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.26 from a horizontal line in the daily 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
CRS7.56
Mansfield-3.33
10 Day High12.08
10 Day Low11.13
20 Day High12.08
20 Day Low10.08
52 Week High23.4
52 Week Low10.08
Performance
1 Week2.21%
2 Weeks1.76%
1 Month5.19%
3 Month-23.29%
6 Month-24.54%
12 Month-50.24%
2 Year-21.41%
3 Year-21.84%
5 Year-31.88%
10 Year-62.94%
15 Year-65.94%
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)0.1
RSI(14)53.55
LBB10.45
UBB12.08
OI Daily chart

O-I GLASS INC

NYSE:OI (7/26/2024, 7:04:00 PM)

After market: 11.56 0 (0%)

11.56

+0.27 (+2.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.39%
1 Week2.21%
2 Weeks1.76%
1 Month5.19%
3 Month-23.29%
6 Month-24.54%
12 Month-50.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%3.51%
ATR Inc
Range Today0.23
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 High12.08
10 Day Low11.13
20 Day High12.08
20 Day Low10.08
52 Week High23.4
52 Week Low10.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.47M
Volume Incr-35.87%
Vol(5)1.40M
Vol(50)1.79M