Bullish Case: Strong indicators from sustained esg investments improving operational efficiencies and a steady uptrend observed in short-term trading volumes indicate potential investor optimism. Favorable market dynamics could foster a rally in OI stock.


Bearish Case: OI's performance setback with a 29.3% year-on-year dip, amidst high market volatility and evolving negative perceptions toward its sector, could predict a continuation of its bearish trend.


Potential Outcomes:

1) 40% likely OI surges due to ESG hype,

2) 25% chance stock dips further of $14.89 due to weak fundamentals,

3) 35% probability remains stagnant as market processes recent ESG and earnings news.


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April 25, 2024


O-I Glass Forecast

OI        O-I Glass
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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