Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
grade D 30.63 1.19% 0.36
GLW closed up 1.19 percent on Friday, January 18, 2019, on 86 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 29

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Flat Down Up
See historical GLW trend table...

Date Alert Name Type % Chg
Jan 18 200 DMA Resistance Bearish 0.00%
Jan 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 18 Weak + Overbought Other 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.19%
Jan 17 Multiple of Ten Bullish Other 1.19%
Jan 17 Weak + Overbought Other 1.19%
Jan 17 Outside Day Range Expansion 1.19%
Jan 17 Overbought Stochastic Strength 1.19%
Jan 16 Stochastic Sell Signal Bearish 1.86%

Older signals for GLW ...

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Profile
Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) that are used in notebook computers, flat panel desktop monitors, and LCD televisions. The Telecommunications segment produces optical fiber and cable, and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures and pedestals, splice and test equipment, and accessories for optical connectivity to the telecommunications industry. This segment offers optical fiber technology products various applications, including premises, fiber-to-the-home access, metropolitan, long haul, and submarine networks. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment develops, manufactures, and supplies scientific laboratory products, such as general labware and equipment, as well as media and reagents for cell culture, genomics, drug discovery, microbiology, and chemistry. It also develops and produces various technologies, including the Corning Epic technology for screening; the Corning HYPER platform of vessels for cell yields; Corning CellBIND Surface; Corning Osteo Assay surface and Corning Synthemax II Surface; and Corning Microcarriers for cell scale-up, therapy, and vaccine applications. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is based in Corning, New York.
Is GLW a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 36.56
52 Week Low 26.11
Average Volume 5,382,705
200-Day Moving Average 30.6522
50-Day Moving Average 30.9864
20-Day Moving Average 29.597
10-Day Moving Average 29.968
Average True Range 0.7815
ADX 25.61
+DI 20.8387
-DI 24.5769
Chandelier Exit (Long, 3 ATRs ) 29.1155
Chandelier Exit (Short, 3 ATRs ) 30.0145
Upper Bollinger Band 30.9824
Lower Bollinger Band 28.2116
Percent B (%b) 0.87
BandWidth 9.36176
MACD Line -0.1668
MACD Signal Line -0.3731
MACD Histogram 0.2063
Fundamentals Value
Market Cap 27.67 Billion
Num Shares 903 Million
EPS 2.24
Price-to-Earnings (P/E) Ratio 13.67
Price-to-Sales 2.91
Price-to-Book 1.82
PEG Ratio 2.26
Dividend 0.62
Dividend Yield 2.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.38
Resistance 3 (R3) 31.34 31.06 31.26
Resistance 2 (R2) 31.06 30.87 31.08 31.21
Resistance 1 (R1) 30.84 30.75 30.95 30.88 31.17
Pivot Point 30.56 30.56 30.61 30.58 30.56
Support 1 (S1) 30.34 30.37 30.45 30.38 30.09
Support 2 (S2) 30.06 30.25 30.08 30.05
Support 3 (S3) 29.84 30.06 30.01
Support 4 (S4) 29.88