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Owens Corning Shares Down 46.3% Since SmarTrend's Sell Call (OC)

By Amy Schwartz

SmarTrend identified a Downtrend for Owens Corning (NYSE:OC) on February 2nd, 2018 at $90.16. In approximately 9 months, Owens Corning has returned 46.25% as of today's recent price of $48.46.

In the past 52 weeks, shares of Owens Corning have traded between a low of $42.88 and a high of $96.52 and are now at $48.46, which is 13% above that low price. The 200-day and 50-day moving averages have moved 1.03% lower and 0.94% lower over the past week, respectively.

Owens Corning produces residential and commercial building materials, glass-fiber reinforcements, and engineered materials for composite systems. The Company offers its products globally to various industries.

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

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

Keywords: spotlights Owens Corning

Ticker(s): OC