O-I GLASS, INC. (OI) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

Compression note: triangle compression is around 12%, so resolution moves may become sharper as the structure tightens.

📊 Technical Summary

O-I GLASS, INC. (OI) finished the session at 9.11 (+5.32%). With price below both the 50-day and 200-day moving averages, the broader structure still reflects elevated technical pressure. 20-day momentum is notably weak at -14.14%; price is trading in the lower part of its roughly 52-week range (8.65–16.63); and ATR14 volatility is elevated at roughly 6.15% of price. RSI(14) sits near 32.6, which signals relatively weak momentum conditions. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned under the signal line, suggesting momentum recovery has not fully developed yet. The MACD histogram is negative and weakening further, which reflects continued downside pressure. Recent trading volume is running well above its 20-day average, which suggests strong participation behind the latest price moves. The chart is currently flagging Double top. On the upside, 11.30 is the nearest resistance area. A cleaner push through that zone would improve continuation potential. On the fundamentals side, the latest snapshot shows Revenue: 1.54B · Net income: -73.00M · EPS (basic): -0.48. For a fuller technical read, the interactive view adds overlays, pattern context and broader chart structure.

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