CORNING INC (GLW.DE) Stock Technical Analysis
FRA:GLW - Deutsche Boerse Ag - US2193501051 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to GLW. Although GLW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month GLW has a been trading in the 40.98 - 52.15 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: GLW has an average volume of 289 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
GLW is part of the Electronic Equipment, Instruments & Components industry. There are 49 other stocks in this industry. GLW outperforms 81% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that GLW is one of the better performing stocks in the market, outperforming 82% of all stocks. However, we also see that GLW couldn't keep up this performance in the last couple of months.
GLW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of GLW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
40.58
52.78
When analyzing the resistance we notice one important area.
- Resistance @52.26 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.17
Mansfield0.07
10 Day High49.58
10 Day Low40.99
20 Day High52.15
20 Day Low40.99
52 Week High52.4
52 Week Low28.83
Performance
1 Week-13.39%
2 Weeks-16.66%
1 Month-16.95%
3 Month-12.83%
6 Month11.55%
12 Month37.81%
2 Year36.62%
3 Year21.8%
5 Year110.48%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.96
RSI(14)25.84
LBB41.39
UBB52.8
FRA:GLW (3/7/2025, 7:00:00 PM)
40.985
-2.34 (-5.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.41%
1 Week-13.39%
2 Weeks-16.66%
1 Month-16.95%
3 Month-12.83%
6 Month11.55%
12 Month37.81%
2 Year36.62%
3 Year21.8%
5 Year110.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%2.93%
ATR Inc57.46%
Range Today1.53
ADR(20)0.74
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.17
Mansfield0.07
10 Day High49.58
10 Day Low40.99
20 Day High52.15
20 Day Low40.99
52 Week High52.4
52 Week Low28.83
CS1 EndN/A
CR1 Start52.26
Volume & EV
DER(3)0%
DER(5)0%
Volume123
Volume Incr73.57%
Vol(5)534.6
Vol(50)289.18