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23.9% Return Seen to Date on SmarTrend Owens-Illinois Call (OI)

By Nick Russo

SmarTrend identified a Downtrend for Owens-Illinois (NYSE:OI) on August 1st, 2019 at $13.78. In approximately 2 weeks, Owens-Illinois has returned 23.92% as of today's recent price of $10.48.

Over the past year, Owens-Illinoishas traded in a range of $10.32 to $20.78 and are now at $10.50. The 200-day and 50-day moving averages have moved 0.46% lower and 1.89% lower over the past week, respectively.

Owens-Illinois, Inc. manufactures glass packaging products. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice, and pharmaceuticals. Owens-Illinois sells its products to customers around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Owens-Illinois.

Log in and add Owens-Illinois (OI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights owens-illinois

Ticker(s): OI