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Owens Corning Bullish Moving Average Crossover Alert (OC)

By James Quinn

Today, shares of Owens Corning (NYSE:OC) have advanced above their 10-day MA of $61.27 on a volume of 304K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Owens Corning share prices have moved between a 52-week high of $63.42 and a 52-week low of $37.29 and are now trading 66% above that low price at $62.02 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend is monitoring the recent change of momentum in Owens Corning. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Owens Corning in search of a potential trend change.

Keywords: moving crosses Owens Corning

Ticker(s): OC