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OC Stock Forecast & Owens Corning Chart Analysis

This article provides a detailed analysis of OC-Owens Corning stock including a forecast for OC shares. It features Owens Corning technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

OC Historical Data Review

OC Current Price Performance Analysis

The Owens Corning - OC stock traded on the American stock market, on 06-05-2024, closed at 179.52$ with a %2.31 increased compared to the previous day.

In the last month, the price of OC changed by %1.27 increased in value, from 177.26 dollars on 05-06-2024 to 179.52 dollars, increased.

Last year, the price of OC was 115.94 dollars on 06-06-2023, and changed by %54.84 increased in value, to 179.52 dollars increased within a year.

The price of Owens Corning stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

OC with AI Stock Forecast & Price Target

OC stock forecast Owens Corning price target

On the OC chart Owens Corning price was recorded as 179.52 Dollars on 06/05/2024.

The artificial intelligence's forecast on OC stock is as follows.

The artificial intelligence's prediction error margin for OC stock is moderately high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Owens Corning stock over the next 4 months is: 197.6 Dollars.

The commentary on OC stock Target Price: Highest: 227.448 Dollars is predicted.

The commentary on OC stock Target Price: Lowest: 167.624 Dollars is predicted.

Resistance Price where Owens Corning stock will Rise and Fall:

Date Price Prediction
07-30-2024 177.766
01-31-2025 227.448

Support Price where Owens Corning stock will Fall and Rise:

Date Price Prediction
06-25-2024 172.657
08-29-2024 167.624
03-27-2025 205.848

The commentary on OC stock: The target price can generally be said to be on the rise.

The commentary on OC stock: Fluctuations in the target price can be expected in the coming days.

The target price for Owens Corning stock by the end of 2024 is predicted to be 222.136 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on OC stock, and the 2024 target price predictions for Owens Corning are detailed above.

The technical analysis and charts for the commentary on OC stock are below.

OC Support & Resistance and Trend Analysis

OC review Owens Corning technical analysis trend chart OC priceOC stock support and resistance price chart

OC stock you have reviewed the technical analysis support resistance charts regarding.

OC : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the OC review, the Owens Corning support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Owens Corning Support and Resistance Prices:

OC Support Level Price OC Resistance Level Price
138.70 153.49
143.62 154.55
144.96 155.19
146.01 155.74
159.25 160.18
173.00 173.65
173.65 181.60
183.33
184.00

OC Technical Analysis: SMA, RSI, MACD

OC review Owens Corning SMA chart analysis OC priceOC buy or sell review Owens Corning MACD chart analysis OC price

Upon reviewing the OC chart, buy and sell signals have been generated in the Owens Corning technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for OC stock are as follows:
  1. The technical analysis for Owens Corning indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Owens Corning stock: Click here to read more predictions on Power Assets Holdings stock.

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