Technical Analysis for OC - Owens Corning Inc

Grade Last Price % Change Price Change
A 89.64 -4.20% -3.93
OC closed down 4.2 percent on Friday, May 20, 2022, on 1.27 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Multiple of Ten Bearish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Cup with Handle Other -4.20%
Gapped Down Weakness -4.20%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 17 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Down 1 ATR about 19 hours ago
Down 3% about 19 hours ago
Fell Below 50 DMA about 19 hours ago

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Profile

Owens Corning Inc Description

Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, mat, veil, and other specialized products. Its products are used in pipe, roofing shingles, sporting goods, computers, telecommunications cables, boats, aircraft, defense, automotive, industrial containers, and wind-energy applications in the power and energy, housing, water distribution, industrial, transportation, consumer, and aerospace/military markets. The Building Materials segment manufactures and sells fiberglass insulation into residential, commercial, industrial, and other markets for thermal and acoustical applications; and manufactures and sells glass fiber pipe insulation, flexible duct media, and foam insulation used in above- and below-grade construction applications. It also manufactures and sells residential roofing shingles and oxidized asphalt materials used in residential and commercial construction, and specialty applications. This segment sells its insulation products, and shingles and roofing accessories to insulation installers, home centers, lumberyards, retailers, distributors, and contractors; and asphalt to roofing contractors and distributors for built-up roofing asphalt systems, as well as to manufacturers in the automotive, chemical, rubber, and construction industries. Owens Corning has strategic alliances with BASF SE and TenCate Advanced Composites for developing solutions in thermoplastic composites for automotive production, as well as with Taishan Fiberglass for the use of alkali resistant specialty glass products. The company was founded in 1938 and is headquartered in Toledo, Ohio.


Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: Chemical Construction Boat Building Materials Rubber Automotive Products Thermoplastic Oled Fiberglass Composite Materials Heat Transfer Thermodynamics Shingles Specialized Products Glass Products Energy Applications Insulation Products Thermal Protection Building Insulation Materials Corning Fiber Products Glass Fiber Insulators Toledo Fiberglass Insulation Owens Corning Telecommunications Cable

Is OC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 109.24
52 Week Low 79.35
Average Volume 895,590
200-Day Moving Average 91.50
50-Day Moving Average 91.27
20-Day Moving Average 92.43
10-Day Moving Average 92.51
Average True Range 3.76
RSI 45.95
ADX 13.09
+DI 18.26
-DI 30.04
Chandelier Exit (Long, 3 ATRs) 86.68
Chandelier Exit (Short, 3 ATRs) 95.27
Upper Bollinger Bands 98.43
Lower Bollinger Band 86.42
Percent B (%b) 0.27
BandWidth 12.99
MACD Line 0.82
MACD Signal Line 0.96
MACD Histogram -0.1332
Fundamentals Value
Market Cap 9.7 Billion
Num Shares 108 Million
EPS 4.57
Price-to-Earnings (P/E) Ratio 19.64
Price-to-Sales 1.18
Price-to-Book 2.07
PEG Ratio 0.82
Dividend 0.96
Dividend Yield 1.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 99.54
Resistance 3 (R3) 99.81 96.77 97.89
Resistance 2 (R2) 96.77 94.25 96.64 97.34
Resistance 1 (R1) 93.21 92.69 91.69 92.94 96.79
Pivot Point 90.17 90.17 89.42 90.04 90.17
Support 1 (S1) 86.61 87.65 85.09 86.34 82.49
Support 2 (S2) 83.57 86.09 83.44 81.94
Support 3 (S3) 80.01 83.57 81.39
Support 4 (S4) 79.74