Momentum shift and bullish signal for Owens Corning (OC)
Building materials provided Owens Corning (NYSE: OC) has seen a shift in its momentum in the past few months and it could be a good sign for the stock. It fell below its 50-day moving average in early February of last year and then had a hard time moving and staying above the trend line for more than a few days. The stock never got more than a few percentage points above the 50-day from February 2018 until this February.
The stock did dip a little in the past few weeks, but seems to be ready to turn higher again. The daily stochastic readings are in oversold territory and just made a bullish crossover on February 27. It also looks like the 50-day may be ready to act as support now.
The Tickeron AI Prediction tool generated a bullish signal on Owens Corning on February 26 and that is a prediction for a gain of at least 4% over the next month. The prediction had a confidence level of 67% and 70% of previous predictions have been successful.
Over the last three years Owens Corning has seen its earnings grow at a rate of 20% per year. The company saw earnings grow by 24% in the most recent quarterly report. During this same time period, sales have grown by 11% per year and they grew by 7% in the most recent quarter.
OC in upward trend: price rose above 50-day moving average on June 11, 2026
OC moved above its 50-day moving average on June 11, 2026 date and that indicates a change from a downward trend to an upward trend. In of 53 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 15, 2026. You may want to consider a long position or call options on OC as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for OC just turned positive on June 15, 2026. Looking at past instances where OC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
The 50-day moving average for OC moved above the 200-day moving average on June 18, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where OC advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 283 cases where OC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for OC moved out of overbought territory on July 01, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where OC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
OC broke above its upper Bollinger Band on June 29, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.037) is normal, around the industry mean (52.879). P/E Ratio (15.021) is within average values for comparable stocks, (35.845). Projected Growth (PEG Ratio) (1.513) is also within normal values, averaging (1.641). OC has a moderately high Dividend Yield (0.022) as compared to the industry average of (0.014). P/S Ratio (1.156) is also within normal values, averaging (2.194).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. OC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. OC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems
Industry BuildingProducts
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