• Return to Headlines

Owens Corning Crosses Above its 10-day MA (OC)

By Shiri Gupta

Today, shares of Owens Corning (NYSE:OC) have crossed bullishly above their 10-day moving average of $61.18 on a volume of 102K 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.

In the past 52 weeks, shares of Owens Corning have traded between a low of $40.64 and a high of $63.61 and are now at $61.53, which is 51% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 0.26% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Owens Corning and will alert subscribers who have OC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Owens Corning

Ticker(s): OC