CORNING INC (GLW) Stock Technical Analysis
NYSE:GLW - New York Stock Exchange, Inc. - US2193501051 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to GLW. Both in the recent history as in the last year, GLW has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 92% of all other stocks. On top of that, GLW also shows a nice and consistent pattern of rising prices.
GLW is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. GLW outperforms 74% of them.
GLW is currently making a new 52 week high. This is a strong signal. 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 51.32 - 64.41 range, which is quite wide. It is currently trading near the high of this range.
GLW has an average volume of 4905750 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 present a decent entry opportunity 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
41.65
65.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.97 to 63.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.04 from a horizontal line in the daily time frame.
- Support @55.02 from a trend line in the daily time frame.
- Support @42.07 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 | 92.77 | POSITIVE | GLW has a high relative strength, it outperformed 92.77% 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) | 79.94 | OVERBOUGHT | The high RSI value suggests GLW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests GLW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.84 | OVERBOUGHT | The high Stochastics value suggests GLW may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for GLW suggests some volalility. |
| Average Directional Index/ADX (14) | 49.74 | 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 (8/7/2025, 9:40:07 AM)
65.22
+1.24 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.94%
1 Week2.19%
2 Weeks14.66%
1 Month21.7%
3 Month41.93%
6 Month20.79%
12 Month66.4%
2 Year94.94%
3 Year86.42%
5 Year97.1%
10 Year271.76%
15 Year308.04%
Volatility
ATR(14)1.65
ATR(20)%2.39%
ATR Inc-27.12%
Range Today1.27
ADR(20)1.3
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.77
Mansfield2.3
10 Day High64.41
10 Day Low54.89
20 Day High64.41
20 Day Low51.32
52 Week High64.41
52 Week Low37.31
CS1 End62.04
CR1 StartN/A
Volume & EV
DER(3)0.78%
DER(5)0.08%
Volume2.46K
Volume Incr18.93%
Vol(5)5.90M
Vol(50)4.91M