CORNING INC (GLW.DE) Stock Technical Analysis
Europe - FRA:GLW - US2193501051 - Common Stock
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.
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.
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34.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 70.32 to 70.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.75 from a trend line in the daily time frame.
- Support @40.45 from a trend line in the weekly time frame.
- Support @35.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.12 to 78.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.47 | POSITIVE | GLW.DE has a high relative strength, it outperformed 94.47% 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 | MIXED | The current price of GLW.DE is below 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) | 42.03 | NEUTRAL | The RSI value for GLW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests GLW.DE has a negative trend. |
| Stochastics (14,3) | 44.16 | NEUTRAL | The Stochastics value for GLW.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for GLW.DE suggests a possible start of a new trend. |
FRA:GLW (11/17/2025, 7:00:00 PM)
70.33
-1.64 (-2.28%)
CORNING INC / GLW.DE FAQ
What is the ChartMill technical rating of CORNING INC (GLW.DE) stock?
ChartMill assigns a technical rating of 9 / 10 to GLW.DE.
Can you provide the trend direction for CORNING INC?
The current trend direction for CORNING INC (GLW.DE) is Bullish.
What is the RSI signal for CORNING INC (GLW.DE) stock?
CORNING INC (GLW.DE) has an RSI value of 42.0323. This indicates that the stock is currently neutral.
What is the support and resistance level for GLW stock?
CORNING INC (GLW.DE) has a support level at 70.32 and a resistance level at 77.12. Check the full technical report for our detailed analysis of GLW.DE support and resistance levels.