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(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.

Showing technical analysis as on 2024-09-11 View latest technical analysis

10 day averaged volume of Owens Illinois is 1149811

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	11.92	12.02	12.02	11.53	2.109 times
10 Tue Sep 2024	12.04	12.16	12.16	11.85	1.111 times
09 Mon Sep 2024	12.18	12.45	12.59	12.17	0.954 times
06 Fri Sep 2024	12.47	12.30	12.61	12.17	1.325 times
05 Thu Sep 2024	12.34	12.58	12.58	12.03	1.361 times
04 Wed Sep 2024	12.46	12.30	13.00	12.29	0.844 times
03 Tue Sep 2024	12.31	12.50	12.52	12.20	1.034 times
30 Fri Aug 2024	12.69	12.82	12.97	12.65	0.88 times
30 Fri Aug 2024	12.69	12.82	12.97	12.65	0.88 times
29 Thu Aug 2024	12.79	12.96	12.98	12.70	0.942 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.7 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.44 as target.

Share price targets for Owens Illinois (OI)

Target Type	Value
Downside Target	10.08
Downside Target	10.79
Downside Target	11.53
Upside Target	11.98
Upside Target	12.59
Upside Target	12.97
Upside Target	13.00
Upside Target	13.22
Upside Target	13.25
Upside Target	13.60
Upside Target	14.15

Intraday share price targets for Owens Illinois (OI)

Target Type	Value
Downside Intraday Target	11.44
Downside Intraday Target	10.95
Upside Intraday Target	12.5
Upside Intraday Target	13.07
Upside Intraday Target	12.01

Weekly technical analysis of Owens Illinois (OI)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	11.92	12.45	12.59	11.53	0.914 times
06 Fri Sep 2024	12.47	12.50	13.00	12.03	5.187 times
30 Fri Aug 2024	12.69	12.82	12.97	12.65	0.207 times
30 Fri Aug 2024	12.69	13.00	13.22	12.65	0.931 times
23 Fri Aug 2024	12.78	12.35	12.81	11.98	0.605 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
11 Wed Sep 2024	11.92	12.50	13.00	11.53	0.289 times
30 Fri Aug 2024	12.69	13.11	13.25	10.88	0.831 times
31 Wed Jul 2024	13.36	11.24	13.60	10.08	0.975 times
28 Fri Jun 2024	11.13	12.55	12.73	10.79	1.036 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Owens Illinois ( (OI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Owens Illinois in short term but the sell 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 12.33 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.