CORNING INC (GLW.DE) Stock Technical Analysis
FRA:GLW • US2193501051
We assign a technical rating of 10 out of 10 to GLW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLW is showing a nice and steady performance.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: GLW has an average volume of 3469 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 98% 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 54 other stocks in this industry. GLW outperforms 94% of them.
- 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 79.73 - 118.90 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. 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
70.38
When analyzing the support we can see 3 important areas.
- Support @79.97 from a trend line in the daily time frame.
- Support @77.03 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 | 98.68 | POSITIVE | GLW.DE has a high relative strength, it outperformed 98.68% 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) | 77.66 | OVERBOUGHT | The high RSI value suggests GLW.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests GLW.DE has a positive trend. |
| Stochastics (14,3) | 95.33 | OVERBOUGHT | The high Stochastics value suggests GLW.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 40.18 | POSITIVE | The high ADX value value for GLW.DE suggests a strong trend. |
FRA:GLW (2/20/2026, 7:00:00 PM)
118.64
+6.96 (+6.23%)
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 77.661. 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 0.863648, indicating a bearish 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.