CORNING INC (GLW) Stock Technical Analysis
NYSE:GLW - New York Stock Exchange, Inc. - US2193501051 - Common Stock - Currency: USD
Overall GLW gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLW is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that GLW is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, GLW also shows a nice and consistent pattern of rising prices.
GLW is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. GLW outperforms 73% of them.
GLW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLW is lagging the market slightly.
GLW has an average volume of 4869310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GLW has a been trading in the 46.19 - 55.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although GLW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.56
50.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.37 to 48.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.25 to 47.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.95 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.2
Mansfield1.23
10 Day High55.33
10 Day Low48.57
20 Day High55.33
20 Day Low46.19
52 Week High55.33
52 Week Low30.72
Performance
1 Week-7.39%
2 Weeks2.42%
1 Month5.6%
3 Month3.37%
6 Month28.38%
12 Month55.01%
2 Year44.44%
3 Year18.91%
5 Year87.3%
10 Year110.31%
15 Year176.49%
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)0.01
RSI(14)51.6
LBB45.4
UBB55.08
CORNING INC
NYSE:GLW (1/30/2025, 8:04:01 PM)
After market: 49.9 -0.09 (-0.18%)49.99
+0.19 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.38%
1 Week-7.39%
2 Weeks2.42%
1 Month5.6%
3 Month3.37%
6 Month28.38%
12 Month55.01%
2 Year44.44%
3 Year18.91%
5 Year87.3%
10 Year110.31%
15 Year176.49%
Volatility
ATR(14)2
ATR(20)%3.35%
ATR Inc125.45%
Range Today1.51
ADR(20)1.41
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.2
Mansfield1.23
10 Day High55.33
10 Day Low48.57
20 Day High55.33
20 Day Low46.19
52 Week High55.33
52 Week Low30.72
CS1 End48.66
CR1 StartN/A
Volume & EV
DER(3)-2.59%
DER(5)-1.25%
Volume11.41M
Volume Incr166.94%
Vol(5)10.64M
Vol(50)4.87M