CORNING INC (GLW)
US2193501051 - Common Stock
Taking everything into account, GLW scores 6 out of 10 in our technical rating. In the last year, GLW was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GLW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLW is performing more or less in line with the market.
In the last month GLW has a been trading in the 30.72 - 34.47 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GLW has an average volume of 4722090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, GLW turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
GLW is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 58% of 127 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GLW has an average technical rating and it also 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
29.83
35.12
4 important support areas can be observed.
- Support @33.30 from a horizontal line in the daily time frame.
- A support zone ranging from 31.89 to 32.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.90 to 31.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.13 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.58 to 33.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.40 to 34.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.98
Mansfield-0.25
10 Day High34.47
10 Day Low30.91
20 Day High34.47
20 Day Low30.72
52 Week High36.02
52 Week Low25.26
Performance
1 Week7.08%
2 Weeks8.61%
1 Month3.71%
3 Month4.09%
6 Month20.19%
12 Month6.64%
2 Year-6.28%
3 Year-23.06%
5 Year16.4%
10 Year57.61%
15 Year128.37%
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)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)67.91
LBB29.93
UBB33.62
CORNING INC
NYSE:GLW (5/2/2024, 6:00:00 PM)
After market: 33.85 +0.28 (+0.83%)33.57
+0.09 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.27%
1 Week7.08%
2 Weeks8.61%
1 Month3.71%
3 Month4.09%
6 Month20.19%
12 Month6.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%2.05%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.47
10 Day Low30.91
20 Day High34.47
20 Day Low30.72
52 Week High36.02
52 Week Low25.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.75M
Volume Incr78.82%
Vol(5)7.45M
Vol(50)4.72M