CORNING INC (GLW)
US2193501051 - Common Stock
We assign a technical rating of 8 out of 10 to GLW. Although GLW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
GLW is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 70% of 128 stocks in the same industry.
A new 52 week high is currently being made by GLW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GLW has a been trading in the 35.12 - 38.31 range, which is quite wide. It is currently trading near the high of this range.
GLW has an average volume of 5196470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GLW is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although GLW has an excellent technical rating, it does not offer a high quality setup 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
29.83
38.92
We found 4 important support areas.
- A support zone ranging from 36.78 to 38.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.37 to 32.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.03 to 31.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.13 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
CRS74.61
Mansfield0.2
10 Day High38.31
10 Day Low36.58
20 Day High38.31
20 Day Low35.12
52 Week High38.31
52 Week Low25.26
Performance
1 Week0.87%
2 Weeks-0.03%
1 Month5.76%
3 Month14.58%
6 Month22.29%
12 Month3.91%
2 Year18.22%
3 Year-8.92%
5 Year12.1%
10 Year69.7%
15 Year131.94%
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)-0.05
RSI(14)60.7
LBB35.76
UBB38.44
CORNING INC
NYSE:GLW (6/17/2024, 10:07:07 AM)
38.53
+1.28 (+3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.44%
1 Week0.87%
2 Weeks-0.03%
1 Month5.76%
3 Month14.58%
6 Month22.29%
12 Month3.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%1.79%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High38.31
10 Day Low36.58
20 Day High38.31
20 Day Low35.12
52 Week High38.31
52 Week Low25.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.92M
Volume Incr38.88%
Vol(5)7.00M
Vol(50)5.20M