CORNING INC (GLW) Stock Technical Analysis
USA • New York Stock Exchange • NYSE: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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GLW did better than 95% of all other 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 123 other stocks in this industry. GLW outperforms 86% of them.
- 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 83.95 - 117.30 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 7036720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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
78.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 112.78 to 112.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 89.85 to 90.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.42 from a horizontal line in the daily time frame.
- Support @79.13 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLW is up. |
| ChartMill Relative Strength | 95.89 | POSITIVE | GLW has a high relative strength, it outperformed 95.89% 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) | 70.24 | OVERBOUGHT | The high RSI value suggests GLW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.56 | POSITIVE | The MACD value suggests GLW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.43 | NEUTRAL | The Stochastics value for GLW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW suggests some volalility. |
| Average Directional Index/ADX (14) | 37.12 | POSITIVE | The high ADX value value for GLW suggests a strong trend. |
NYSE:GLW (2/6/2026, 9:50:10 AM)
114.535
+1.74 (+1.55%)
CORNING INC / GLW FAQ
What is the ChartMill technical rating of CORNING INC (GLW) stock?
ChartMill assigns a technical rating of 10 / 10 to GLW.
What is the current trend direction of CORNING INC (GLW) stock?
The current trend direction for CORNING INC (GLW) is Bullish.
What is the RSI signal for CORNING INC (GLW) stock?
CORNING INC (GLW) has an RSI value of 70.2449. This indicates that the stock is currently overbought.
What is the MACD signal for GLW stock?
The MACD indicator for CORNING INC (GLW) has a value of 1.55781, indicating a bullish trend.
What is the buy/sell signal for GLW stock?
The buy/sell signal for CORNING INC (GLW) is buy as both the short term and long term trends are positive.