Owens Corning Stock Pattern Recognition Doji

OC Stock  USD 112.94  0.80  0.70%   
Owens Corning pattern recognition tool provides the execution environment for running the Doji recognition 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 pattern recognition indicators. As with most other technical indicators, the Doji recognition function is designed to identify and follow existing trends. Owens Corning momentum indicators are usually used to generate trading rules based on assumptions that Owens Corning trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of eight valid pattern recognition events for the selected time horizon. The Doji is candlestick pattern analysis indicator that fired when Owens Corning open and close prices are equal. It suggests that the direction of Owens Corning's trend maybe be nearing a turning point.

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 pattern recognition 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.
 2022 2023 2024 2025 (projected)
Dividend Yield0.01650.01410.0140.00968
Price To Sales Ratio0.841.381.351.42
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
110.04112.21114.38
Details
Intrinsic
Valuation
LowRealHigh
101.65127.60129.77
Details
Naive
Forecast
LowNextHigh
99.88102.06104.23
Details
18 Analysts
Consensus
LowTargetHigh
126.77139.31154.64
Details

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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 services.
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
0.312
Dividend Share
2.76
Earnings Share
(0.86)
Revenue Per Share
137.124
Quarterly Revenue Growth
(0.03)
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.