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OSB NEWS why is Norbord Inc. price falling or rising

OSB NEWS reasons for why stock price of Norbord Inc. is falling or rising

OSB Norbord Inc is falling or rising technical reasons

Technical analysis forecast of Norbord Inc Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Norbord Inc OSB at this time. Stock is rising and might rise more.

It appears as if Norbord Inc OSB gave a large move recently.

Stock of Norbord Inc (OSB) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Norbord Inc is bullish for shortterm, and stock might move up till 44.2 or till 46. Use a stoploss of 42.78 and if this stock hits its stoploss, then it can fall down till 41.32

OSB Norbord Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

OSB Norbord Inc. current price & indicator signals

Moving Averages for Norbord Inc.

  • 5Day Average: 44.22
  • 12Day Average: 42.56
  • 20Day Average: 42.47
  • 50Day Average: 41.51
  • 100Day Average: 36.73
  • 150Day Average: 34.66
  • 200Day Average: 30.44

OSB Indicators & signals

Indicator MACD (12,26,9)

43.16, 42.47, 0.55
Indicator MACD is in positive zone

Indicator ADX (14)

11.69, 25.75, 20.36
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OSB Norbord Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Fri Jan 2021 43.13 42.84 to 44.46 -2.73% 1.54 times
28 Thu Jan 2021 44.34 42.88 to 45.36 1.37% 1.11 times
27 Wed Jan 2021 43.74 42.30 to 44.96 -3.47% 0.96 times
26 Tue Jan 2021 45.31 44.32 to 46.12 1.64% 1.37 times
25 Mon Jan 2021 44.58 42.89 to 44.67 3.48% 1.62 times
22 Fri Jan 2021 43.08 41.95 to 43.40 0% 0.81 times
21 Thu Jan 2021 43.08 42.49 to 43.33 2.04% 0.75 times
20 Wed Jan 2021 42.22 40.76 to 42.74 4.56% 1.04 times
19 Tue Jan 2021 40.38 39.85 to 40.77 1.15% 0.91 times
15 Fri Jan 2021 39.92 38.95 to 40.09 -1.36% 0.84 times
14 Thu Jan 2021 40.47 40.26 to 41.22 0.12% 0.59 times
13 Wed Jan 2021 40.42 40.21 to 41.25 -0.96% 0.7 times

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OSB NEWS why is Norbord Inc. price falling or rising

 

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