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Owens-Illinois Up 19.4% Since SmarTrend Uptrend Call (OI)

By Nick Russo

SmarTrend identified an Uptrend for Owens-Illinois (NYSE:OI) on October 28th, 2019 at $10.85. In approximately 3 months, Owens-Illinois has returned 19.41% as of today's recent price of $12.95.

In the past 52 weeks, Owens-Illinois share prices have been bracketed by a current low of $0.00 and a high of $20.78 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.6% while the 200-day MA has slid 1%.

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 shifts in the trajectory of Owens-Illinois shares.

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