Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
C 36.96 -4.22% -1.63
GLW closed down 4.22 percent on Thursday, March 4, 2021, on 1.64 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical GLW trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Down 3 Days in a Row Weakness 0.00%
Upper Bollinger Band Walk Strength -4.22%
Upper Bollinger Band Touch Strength -4.22%
Bearish Engulfing Bearish -4.59%
Upper Bollinger Band Walk Strength -4.59%
Upper Bollinger Band Touch Strength -4.59%
Older End-of-Day Signals for GLW ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 5 hours ago
Down 2 ATRs about 5 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
Fell Below 50 DMA about 6 hours ago
50 DMA Support about 9 hours ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Corning Incorporated Description

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.


Classification

Sector: Technology
Industry: Electronic Components
Keywords: Fiber Optic Drug Discovery Technology Products Telecommunications Equipment Optical Fiber Ceramics Test Equipment Liquid Crystal Display Notebook Computer Liquid Crystal Displays Communications Industry Crystals Glass Laboratory Products Equipment Products Lcd Television Telecommunications Industry Various Technologies Glass Production Optical Materials Corning Telecommunications Segment Corning Inc. Environmental Technologies Filter Products Mobile And Stationary Applications

Is GLW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.78
52 Week Low 17.44
Average Volume 4,128,963
200-Day Moving Average 32.87
50-Day Moving Average 37.15
20-Day Moving Average 37.77
10-Day Moving Average 38.20
Average True Range 1.12
ADX 13.92
+DI 23.53
-DI 29.29
Chandelier Exit (Long, 3 ATRs ) 36.43
Chandelier Exit (Short, 3 ATRs ) 38.96
Upper Bollinger Band 39.31
Lower Bollinger Band 36.22
Percent B (%b) 0.24
BandWidth 8.19
MACD Line 0.33
MACD Signal Line 0.35
MACD Histogram -0.0164
Fundamentals Value
Market Cap 28.24 Billion
Num Shares 764 Million
EPS 0.26
Price-to-Earnings (P/E) Ratio 144.94
Price-to-Sales 2.75
Price-to-Book 2.74
PEG Ratio 1.54
Dividend 0.88
Dividend Yield 2.38%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.23
Resistance 3 (R3) 40.38 39.44 39.69
Resistance 2 (R2) 39.44 38.61 39.37 39.50
Resistance 1 (R1) 38.20 38.09 37.73 38.05 39.32
Pivot Point 37.26 37.26 37.03 37.19 37.26
Support 1 (S1) 36.02 36.43 35.55 35.87 34.60
Support 2 (S2) 35.08 35.91 35.01 34.42
Support 3 (S3) 33.84 35.08 34.24
Support 4 (S4) 33.69