O-I GLASS INC (OI) Stock Technical Analysis
NYSE:OI - New York Stock Exchange, Inc. - US67098H1041 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to OI. 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.
64% of all other stocks performed better in the past year than OI.
OI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
OI has an average volume of 1520600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OI is an average performer in the Containers & Packaging industry, it outperforms 63% of 23 stocks in the same industry.
In the last month OI has a been trading in the 9.23 - 12.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.14. Right above this resistance zone may be a good entry point.
More info and screens
10.84
13.49
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.14 to 11.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.94 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.27 from a horizontal line in the daily time frame.
- Strong resistance @13.36 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.2
Mansfield-0.2
10 Day High11.08
10 Day Low9.23
20 Day High12.16
20 Day Low9.23
52 Week High15.72
52 Week Low9.23
Performance
1 Week6.62%
2 Weeks-2.32%
1 Month-10.69%
3 Month5.09%
6 Month-16.92%
12 Month-24.85%
2 Year-51.27%
3 Year-18.77%
5 Year32.89%
10 Year-54.2%
15 Year-69.1%
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
RSI(14)47.96
LBB9.7
UBB11.94
10.95
+0.13 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.2%
1 Week6.62%
2 Weeks-2.32%
1 Month-10.69%
3 Month5.09%
6 Month-16.92%
12 Month-24.85%
2 Year-51.27%
3 Year-18.77%
5 Year32.89%
10 Year-54.2%
15 Year-69.1%
Volatility
ATR(14)0.68
ATR(20)%5.4%
ATR Inc-62.31%
Range Today0.25
ADR(20)0.54
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.2
Mansfield-0.2
10 Day High11.08
10 Day Low9.23
20 Day High12.16
20 Day Low9.23
52 Week High15.72
52 Week Low9.23
CS1 EndN/A
CR1 Start11.14
Volume & EV
DER(3)-1.86%
DER(5)0.08%
Volume876.70K
Volume Incr-29.59%
Vol(5)1.20M
Vol(50)1.52M