Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
C 43.755 2.11% 0.91
GLW closed down 5.07 percent on Wednesday, May 12, 2021, on 1.13 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 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
180 Bullish Setup Bullish Swing Setup -5.07%
Bollinger Band Squeeze Range Contraction -5.07%
BB Squeeze + Lower Band Touch Range Contraction -5.07%
Older End-of-Day Signals for GLW ...

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

Alert Time
Up 2% 24 minutes ago
1.5x Volume Pace 34 minutes ago
Rose Above Lower Bollinger Band 44 minutes ago
Rose Above 50 DMA 44 minutes ago
Up 1% 44 minutes ago
View Earlier Intraday Alerts

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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 Telecommunications Industry Various Technologies Glass Production Lcd Television 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 46.82
52 Week Low 19.451
Average Volume 4,337,920
200-Day Moving Average 37.01
50-Day Moving Average 43.21
20-Day Moving Average 45.29
10-Day Moving Average 44.95
Average True Range 1.05
ADX 22.98
+DI 22.85
-DI 34.28
Chandelier Exit (Long, 3 ATRs ) 43.67
Chandelier Exit (Short, 3 ATRs ) 45.94
Upper Bollinger Band 46.93
Lower Bollinger Band 43.65
Percent B (%b) -0.24
BandWidth 7.25
MACD Line 0.30
MACD Signal Line 0.62
MACD Histogram -0.3231
Fundamentals Value
Market Cap 32.74 Billion
Num Shares 764 Million
EPS 0.26
Price-to-Earnings (P/E) Ratio 168.04
Price-to-Sales 2.75
Price-to-Book 2.74
PEG Ratio 1.54
Dividend 0.88
Dividend Yield 2.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.98
Resistance 3 (R3) 46.31 45.60 45.46
Resistance 2 (R2) 45.60 44.80 45.43 45.29
Resistance 1 (R1) 44.22 44.30 43.87 43.89 45.11
Pivot Point 43.51 43.51 43.33 43.34 43.51
Support 1 (S1) 42.13 42.71 41.78 41.81 40.59
Support 2 (S2) 41.42 42.22 41.25 40.41
Support 3 (S3) 40.05 41.42 40.24
Support 4 (S4) 39.72