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.
- 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 725 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GLW did better than 93% of all other stocks.
- GLW is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 84% of 52 stocks in the same industry.
- GLW is currently trading near its 52 week high, which is a good sign. 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 72.25 - 82.65 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
34.82
When analyzing the support we can see 5 important areas.
- A support zone ranging from 73.82 to 76.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.40 to 72.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @71.09 from a horizontal line in the daily time frame.
- Support @41.59 from a trend line in the weekly time frame.
- Support @35.17 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 | 93.16 | POSITIVE | GLW.DE has a high relative strength, it outperformed 93.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLW.DE is above 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) | 62.91 | NEUTRAL | The RSI value for GLW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests GLW.DE has a positive trend. |
| Stochastics (14,3) | 86.78 | OVERBOUGHT | The high Stochastics value suggests GLW.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for GLW.DE suggests a weak or negative trend. |
FRA:GLW (1/16/2026, 7:00:00 PM)
80.74
-0.19 (-0.23%)
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.
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 62.9057. This indicates that the stock is currently neutral.
What is the MACD signal for GLW stock?
The MACD indicator for CORNING INC (GLW.DE) has a value of 0.533448, 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.