CORNING INC (GLW.DE) Stock Technical Analysis
FRA:GLW - Deutsche Boerse Ag - US2193501051 - Common Stock - Currency: EUR
Overall GLW gets a technical rating of 9 out of 10. In the last year, GLW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: GLW has an average volume of 140 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GLW is one of the better performing stocks in the market, outperforming 83% of all stocks.
GLW is part of the Electronic Equipment, Instruments & Components industry. There are 54 other stocks in this industry. GLW outperforms 71% 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.
In the last month GLW has a been trading in the 43.03 - 47.81 range, which is quite wide. It is currently trading near the high of this range.
Although GLW has an excellent technical rating, it does not present a decent entry opportunity 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
34.82
47.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.41 to 45.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.03 from a trend line in the weekly time frame.
- Support @36.74 from a horizontal line in the daily time frame.
- Support @35.17 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GLW.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLW.DE is up. |
| ChartMill Relative Strength | 83.84 | POSITIVE | GLW.DE has a high relative strength, it outperformed 83.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLW.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLW.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLW.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for GLW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests GLW.DE has a positive trend. |
| Stochastics (14,3) | 84.56 | OVERBOUGHT | The high Stochastics value suggests GLW.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for GLW.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for GLW.DE suggests a weak or negative trend. |
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)
FRA:GLW (7/25/2025, 7:00:00 PM)
46.97
-0.77 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.6%
1 Week4.37%
2 Weeks4.55%
1 Month6.91%
3 Month21.46%
6 Month-8.69%
12 Month18.96%
2 Year52.55%
3 Year30.47%
5 Year77.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%1.38%
ATR Inc159.96%
Range Today0.84
ADR(20)0.45
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.84
Mansfield-0.06
10 Day High47.81
10 Day Low44.09
20 Day High47.81
20 Day Low43.04
52 Week High52.4
52 Week Low31.06
CS1 End45.63
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume113
Volume Incr-24.2%
Vol(5)92.4
Vol(50)140.34