CORNING INC (GLW.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:GLW • US2193501051
Overall GLW gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GLW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: GLW has an average volume of 3283 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 97% of all stocks. We also observe that the gains produced by GLW over the past year are nicely spread over this period.
- GLW is part of the Electronic Equipment, Instruments & Components industry. There are 57 other stocks in this industry. GLW outperforms 94% of them.
- GLW is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GLW has a been trading in the 74.90 - 110.20 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GLW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
70.38
We found 3 important support areas.
- A support zone ranging from 109.25 to 109.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.77 from a trend line in the daily time frame.
- Support @71.09 from a horizontal line in the daily 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 | 97.97 | POSITIVE | GLW.DE has a high relative strength, it outperformed 97.97% 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) | 76.58 | OVERBOUGHT | The high RSI value suggests GLW.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.04 | POSITIVE | The MACD value suggests GLW.DE has a positive trend. |
| Stochastics (14,3) | 93.76 | OVERBOUGHT | The high Stochastics value suggests GLW.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.18 | POSITIVE | The high ADX value value for GLW.DE suggests a strong trend. |
FRA:GLW (2/10/2026, 7:00:00 PM)
109.76
+9.83 (+9.84%)
CORNING INC / GLW.DE FAQ
What is the ChartMill technical rating of CORNING INC (GLW.DE) stock?
ChartMill assigns a technical rating of 10 / 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.
What is the RSI signal for CORNING INC (GLW.DE) stock?
CORNING INC (GLW.DE) has an RSI value of 76.5805. This indicates that the stock is currently overbought.
What is the MACD signal for GLW stock?
The MACD indicator for CORNING INC (GLW.DE) has a value of 2.04117, indicating a bullish trend.
What is the buy/sell signal for GLW stock?
The buy/sell signal for CORNING INC (GLW.DE) is buy as both the short term and long term trends are positive.