Owens Corning Stock Overlap Studies Bollinger Bands

OC Stock  USD 205.62  0.52  0.25%   
Owens Corning overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Owens Corning. Owens Corning value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Owens Corning overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Owens Corning middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Owens Corning. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Owens Corning Technical Analysis Modules

Most technical analysis of Owens Corning help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Owens from various momentum indicators to cycle indicators. When you analyze Owens charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Owens Corning Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Owens Corning. We use our internally-developed statistical techniques to arrive at the intrinsic value of Owens Corning based on widely used predictive technical indicators. In general, we focus on analyzing Owens Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Owens Corning's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Owens Corning's intrinsic value. In addition to deriving basic predictive indicators for Owens Corning, we also check how macroeconomic factors affect Owens Corning price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01150.01650.01410.0096
Price To Sales Ratio1.10.841.381.45
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Owens Corning's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
205.22206.92208.62
Details
Intrinsic
Valuation
LowRealHigh
191.08192.78226.18
Details
Naive
Forecast
LowNextHigh
208.82210.53212.23
Details
17 Analysts
Consensus
LowTargetHigh
145.18159.54177.09
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Online Gaming Idea
Online Gaming
Invested few shares
Tech Growth Idea
Tech Growth
Invested one share
Power Assets Idea
Power Assets
Invested few shares
Mid Cap ETFs Idea
Mid Cap ETFs
Invested few shares
Alternative Energy Idea
Alternative Energy
Invested over 20 shares
Compulsion Idea
Compulsion
Invested one share
Momentum Idea
Momentum
Invested few shares
Robots And Drones Idea
Robots And Drones
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.