High Above Average Volume on Owens Corning

oc New York, June 20th (TradersHuddle.com) - Unusual high volume detected on shares of Owens Corning Inc. (NYSE:OC) early in the trading session. The pace in volume of Owens Corning points to a break above average, with buyers stepping in, as the stock is 2.75% higher.

Owens Corning Inc. (NYSE:OC) is a material company that opertes in the buidling and cnstruction industries. It offers insulation, roofing, siding, basement and acoustic systems for building and remodeling. The company also produces composites solutions and asphalt.

Owens Corning has already traded 0.971 times its 3-month average volume and has calculated support and resistance at $26.47 and $29.62 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading lower by -0.17% from its previous trading close, which means that Owens Corning stock is outperforming the overall market.

Related Articles

    Related Partner Headlines

      Real Money Pro from TheStreet: Headlined by legendary hedge fund manager Doug Kass, our team of market technicians and professional traders hand you unique perspectives and breakthrough investment opportunities. Access this exciting service -- Real Money Pro -- FREE, right now!

      TradersHuddle Search

      Stock Search:

      Site Search:


      Technical Scans

      Stock Market

      o Dow Jones 18,448.17 ▼25.58 (-0.14%)
      o S&P 500 2,161.83 ▼7.35 (-0.34%)
      o NASDAQ 5,126.60 ▲16.55 (0.32%)

      Dow Jones

      Company ID [INDEXDJX:.DJI] Last trade:18,448.17 Trade time:1:18PM EDT Value change:▼25.58 (-0.14%)

      S&P 500

      Company ID [INDEXSP:.INX] Last trade:2,161.83 Trade time:1:18PM EDT Value change:▼7.35 (-0.34%)


      Company ID [INDEXNASDAQ:.IXIC] Last trade:5,126.60 Trade time:1:18PM EDT Value change:▲16.55 (0.32%)

      In The Wires

      Copyright © 2013 TradersHuddle.com. All Rights Reserved.