CORNING INC (GLW.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:GLW - US2193501051 - Common Stock
Taking everything into account, GLW scores 9 out of 10 in our technical rating. 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.
GLW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 74.37, a Stop Loss order could be placed below this zone.
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34.82
5 important support areas can be observed.
- A support zone ranging from 73.14 to 74.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.22 to 68.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.36 from a trend line in the daily time frame.
- Support @41.16 from a trend line in the weekly time frame.
- Support @35.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @77.12 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 | 93.87 | POSITIVE | GLW.DE has a high relative strength, it outperformed 93.87% 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) | 53.3 | NEUTRAL | The RSI value for GLW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GLW.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.25 | NEUTRAL | The Stochastics value for GLW.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.76 | NEGATIVE | The low ADX value for GLW.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 77.13 | 73.13 | 4.00 (5.19%) | 19.28% |
| An entry @77.13. This is a Buy Stop order right above the resistance zone. | An exit @73.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.00 points, which is 5.19%. | When investing 19.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:GLW (12/23/2025, 7:00:00 PM)
75.5
+0.19 (+0.25%)
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 53.3018. This indicates that the stock is currently neutral.
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.
Can you provide the support and resistance levels for CORNING INC?
CORNING INC (GLW.DE) has a support level at 74.37 and a resistance level at 77.12. Check the full technical report for our detailed analysis of GLW.DE support and resistance levels.