Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
grade D 29.91 -1.93% -0.59
GLW closed down 1.93 percent on Friday, May 17, 2019, on 1.29 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
Multiple of Ten Bearish Other 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Shooting Star Candlestick Bearish -1.93%
1,2,3 Retracement Bearish Bearish Swing Setup -1.93%
180 Bearish Setup Bearish Swing Setup -1.93%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.93%
Pocket Pivot Bullish Swing Setup -1.93%
Cup with Handle Other -1.93%
Gapped Up Strength -1.93%

Older signals for GLW ...

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Basic chart:
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.
Fiber Optic Equipment Drug Discovery Telecommunications Equipment Optical Fiber Genomics New York Glass Telecommunications Industry Test Equipment Glass Production Corning Inc. Equipment Products Optical Materials 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
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 26.23
Average Volume 3,817,936
200-Day Moving Average 32.7685
50-Day Moving Average 33.311
20-Day Moving Average 31.8815
10-Day Moving Average 30.531
Average True Range 0.7863
ADX 36.64
+DI 16.3129
-DI 35.5969
Chandelier Exit (Long, 3 ATRs ) 32.9811
Chandelier Exit (Short, 3 ATRs ) 31.8589
Upper Bollinger Band 35.1211
Lower Bollinger Band 28.6419
Percent B (%b) 0.2
BandWidth 20.322758
MACD Line -1.0551
MACD Signal Line -0.9091
MACD Histogram -0.146
Fundamentals Value
Market Cap 27.01 Billion
Num Shares 903 Million
EPS 2.24
Price-to-Earnings (P/E) Ratio 13.35
Price-to-Sales 2.91
Price-to-Book 1.82
PEG Ratio 2.26
Dividend 0.62
Dividend Yield 2.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.83
Resistance 3 (R3) 30.89 30.63 30.68
Resistance 2 (R2) 30.63 30.40 30.60 30.63
Resistance 1 (R1) 30.27 30.25 30.14 30.22 30.58
Pivot Point 30.02 30.02 29.95 29.99 30.02
Support 1 (S1) 29.66 29.78 29.53 29.60 29.24
Support 2 (S2) 29.40 29.63 29.37 29.19
Support 3 (S3) 29.04 29.40 29.14
Support 4 (S4) 28.99