Owens Corning's 15min chart triggers MACD Death Cross, KDJ Death Cross alert.

Wednesday, Sep 3, 2025 2:14 pm ET1min read

Owens Corning's 15-minute chart has triggered a MACD Death Cross and a KDJ Death Cross at 09:00 on 03/09/2025, suggesting that the stock price is poised for a potential decline. The momentum of the stock price is shifting towards the downside, with a high likelihood of further decreases in the near term.

Owens Corning Inc. (NYSE: OC) experienced a significant shift in its stock price momentum on September 3, 2025, as its 15-minute chart triggered both a MACD Death Cross and a KDJ Death Cross at 09:00. These technical indicators suggest a potential decline in the stock price, with a high likelihood of further decreases in the near term.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. Similarly, the KDJ (Kaufman Adaptive Moving Average) Death Cross signals a change in the stock's momentum towards the downside. Both indicators have historically been reliable in predicting price reversals.

Owens Corning's stock has been under pressure recently, with the company reporting a 1.5% drop in its stock price to $150.11 on Monday, September 2, 2025. The stock's 50-day and 200-day moving averages are $144.98 and $143.59, respectively, suggesting a downward trend. The company's earnings per share (EPS) for the quarter ending August 6, 2025, were $4.21, surpassing analyst estimates but not enough to reverse the downward momentum.

Institutional investors have been making notable changes to their positions in Owens Corning. Jump Financial LLC reduced its holdings by 74.2% during the first quarter, selling 11,123 shares. Corebridge Financial Inc. also sold 2,321 shares, reducing its holdings by 2.4%. Other institutional investors, such as Bank Pictet & Cie Europe AG, Kovitz Investment Group Partners LLC, Lido Advisors LLC, AlTi Global Inc., and AXA S.A., have either increased their holdings or initiated new positions in the stock [1].

Despite the recent sell-offs, Owens Corning remains a dividend-paying stock, with a quarterly dividend of $0.69 per share, representing an annual yield of 1.8%. The company's share buyback plan, authorized on May 14, 2025, allows for the purchase of up to 12 million shares, potentially supporting the stock's price in the long term.

Analysts have mixed views on Owens Corning's stock. While several analysts have raised their target prices, some have downgraded their ratings. UBS Group, Barclays, Wolfe Research, Royal Bank of Canada, and Wells Fargo & Company have all issued ratings and target price changes recently [2].

Investors should closely monitor Owens Corning's stock price and technical indicators to assess the potential impact of the MACD and KDJ Death Crosses. The company's earnings reports and any further institutional investment activity may also influence the stock's performance.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-owens-corning-inc-oc-stock-position-reduced-by-jump-financial-llc-2025-09-01/
[2] https://www.marketbeat.com/instant-alerts/filing-corebridge-financial-inc-sells-2321-shares-of-owens-corning-inc-oc-2025-08-27/

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