Olin Corp. Shares Close the Week 21.1% Lower - Weekly Wrap
Olin Corp. (OLN) shares closed this week 21.1% lower than it did at the end of last week. The stock is currently down 15.7% year-to-date, up 8.7% over the past 12 months, and up 92.1% over the past five years. This week, the Dow Jones Industrial Average fell 4.8%, and the SP 500 fell 5.7%. Trading Activity Shares traded as high as $59.80 and as low as $47.24 this week.Shares closed 28.4% below its 52-week high and 22.5% above its 52-week low.Trading volume this week was 4.2% higher than the 10-day average and 51.6% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 8.4% lower than its 5-day moving average, 21.7% lower than its 20-day moving average, and 13.9% lower than its 90-day moving average.
Market Comparative Performance The company#39
Olin Corp. Shares Close the Week 21.1% Lower - Weekly Wrap
Olin Corp. (OLN) shares closed this week 21.1% lower than it did at the end of last week. The stock is currently down 15.7% year-to-date, up 8.7% over the past 12 months, and up 92.1% over the past five years. This week, the Dow Jones Industrial Average fell 4.8%, and the SP 500 fell 5.7%. Trading Activity Shares traded as high as $59.80 and as low as $47.24 this week.Shares closed 28.4% below its 52-week high and 22.5% above its 52-week low.Trading volume this week was 4.2% higher than the 10-day average and 51.6% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 8.4% lower than its 5-day moving average, 21.7% lower than its 20-day moving average, and 13.9% lower than its 90-day moving average.
Market Comparative Performance The company#39