CORNING INC (GLW.DE) Technical Analysis
FRA:GLW • US2193501051
Current stock price
GLW.DE Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to GLW. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: GLW has an average volume of 6853 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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 99% of all stocks. On top of that, GLW also shows a nice and consistent pattern of rising prices.
- GLW is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 100% of 52 stocks in the same industry.
- GLW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLW is performing more or less in line with the market.
- In the last month GLW has a been trading in the 103.40 - 132.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GLW.DE Weekly and Daily overview Charts
GLW.DE Setup Rating and Analysis
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
GLW.DE Support and Resistance Analysis
82.40
We found 4 important support areas.
- A support zone ranging from 109.92 to 110.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.14 from a horizontal line in the daily time frame.
- Support @86.56 from a trend line in the daily time frame.
- Support @83.23 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.30 to 127.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
GLW.DE Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for GLW.DE is neutral. |
| ChartMill Relative Strength | 99.13 | POSITIVE | GLW.DE has a high relative strength, it outperformed 99.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLW.DE is below a declining 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) | 47.83 | NEUTRAL | The RSI value for GLW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests GLW.DE has a negative trend. |
| Stochastics (14,3) | 42.8 | NEUTRAL | The Stochastics value for GLW.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for GLW.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for GLW.DE suggests a weak or negative trend. |
GLW.DE Chart- and CandleStick Pattern Analysis
GLW.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:GLW (3/31/2026, 7:00:00 PM)
113.04
-0.46 (-0.41%)
CORNING INC / GLW.DE TA FAQ
What is the ChartMill technical rating of CORNING INC (GLW.DE) stock?
ChartMill assigns a technical rating of 9 / 10 to GLW.DE.
What is the current trend direction of CORNING INC (GLW.DE) stock?
The current trend direction for CORNING INC (GLW.DE) is Bullish.
Can you provide the RSI signal for CORNING INC?
CORNING INC (GLW.DE) has an RSI value of 47.8311. This indicates that the stock is currently neutral.
What is the short term momentum for CORNING INC (GLW.DE) stock?
The short term momentum for CORNING INC (GLW.DE) is neutral.
What are the support and resistance levels for CORNING INC (GLW.DE) stock?
CORNING INC (GLW.DE) has a support level at 110.34 and a resistance level at 126.3. Check the full technical report for our detailed analysis of GLW.DE support and resistance levels.