Why is OI Down Today?
About O-I Glass, Inc.
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, sp...
Overall Confidence: 50%
Based on news, social sentiment, options activity, and sector analysis
✅ Move Confirmation
UNCONFIRMED - Low volume suggests this move may not be sustainable.
Market Comparison
🔔 Get OI Alerts
We'll notify you when OI's trend changes or a new signal fires.
Data refreshes every 30 minutes during market hours
Historical Context
OI has moved more than 3.0% down on 38 occasions in the past year.
Frequently Asked Questions
Why is OI stock down today?
OI is down 2.1% today on 0.3x average volume. The move appears to be driven by general market sentiment and momentum traders.
Is OI stock a buy or sell right now?
Based on current analysis, OI shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →
What is the OI stock price target?
OI is currently trading at $5.53. Based on today's momentum, the expected short-term range is $5.36 - $5.64. See long-term price prediction →
Will OI stock continue falling?
Our analysis shows a 45% probability that OI's move continues in the next 1-3 days. Key level to watch: $5.25 (support).
Is OI stock oversold or overbought?
OI's RSI (Relative Strength Index) is currently at 26.5. This indicates oversold conditions - the stock may be due for a bounce as selling pressure appears exhausted.
What is the momentum for OI stock?
OI's 10-day momentum indicator is at -0.55. Negative momentum - the stock has mild downward pressure which may continue short-term.
Is OI outperforming or underperforming the market?
OI (-2.12%) is currently significantly underperforming the market (-2.3% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.
What does MACD indicate for OI?
OI's MACD (-0.4) is currently below the signal line (-0.38), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 40.5) is strong.
Is OI in an uptrend or downtrend?
Based on moving average analysis, OI is in a bearish trend. The price ($5.53) is trading below both the 20-day SMA ($6.23) and 50-day SMA ($6.91). This alignment typically indicates sustained downward pressure.
Check Why Another Stock is Moving
Enter any ticker symbol to see real-time analysis