O-I Glass Inc

In this early Stage 1 consolidation following a terminal decline, price is stabilizing within a horizontal repair range, with short-term EMAs flattened and converging around support. Relative strength is recovering while volume remains muted, indicating stabilization rather than trending. Price is pulling back into the EMAs without showing exhaustion, offering a potential mean-reversion setup but lacking a clear breakout, so execution is deferred until a more conclusive bounce.

• ↑Fit to Win saved $61M in Q1, aiming for $250M in 2025
• ↑Q1 adjusted EPS $0.40; shipments rose 4.4% YoY, driven by Americas
• ↓Low growth and profitability factors with shipments down 3% in Europe