CORNING INC (GLW) Stock Technical Analysis
NYSE:GLW - US2193501051 - Common Stock
69.03 USD
+1.78 (+2.65%)
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GLW is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, GLW also shows a nice and consistent pattern of rising prices.
GLW is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 73% of 124 stocks in the same industry.
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 61.44 - 67.77 range, which is quite wide. It is currently trading near the high of this range.
GLW has an average volume of 4904080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
42.13
69.72
We found 4 important support areas.
- A support zone ranging from 67.26 to 67.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 64.52 to 65.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.87 to 58.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.56 from a trend 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLW is up. |
| ChartMill Relative Strength | 91.78 | POSITIVE | GLW has a high relative strength, it outperformed 91.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.12 | OVERBOUGHT | The high RSI value suggests GLW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests GLW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.62 | OVERBOUGHT | The high Stochastics value suggests GLW may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for GLW suggests low volalility. |
| Average Directional Index/ADX (14) | 53.91 | POSITIVE | The high ADX value value for GLW suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:GLW (8/28/2025, 2:46:10 PM)
69.03
+1.78 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.65%
1 Week4.1%
2 Weeks2.3%
1 Month7.41%
3 Month35.61%
6 Month34.1%
12 Month60.69%
2 Year104.91%
3 Year95.95%
5 Year107.18%
10 Year290.76%
15 Year328.89%
Volatility
ATR(14)1.12
ATR(20)%1.89%
ATR Inc-35%
Range Today1.92
ADR(20)1.15
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.78
Mansfield2.4
10 Day High67.77
10 Day Low63.37
20 Day High67.77
20 Day Low61.44
52 Week High67.77
52 Week Low37.31
CS1 End65.79
CR1 Start67.26
Volume & EV
DER(3)1.2%
DER(5)0.31%
Volume4.64M
Volume Incr-25.75%
Vol(5)4.50M
Vol(50)4.90M