Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
grade C 29.89 1.91% 0.56
GLW closed down 0.07 percent on Friday, October 18, 2019, on 1.38 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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: Oct 29

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical GLW trend table...

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 1.91%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.91%
Narrow Range Bar Range Contraction 1.91%
NR7 Range Contraction 1.91%
Upper Bollinger Band Walk Strength 1.91%
Overbought Stochastic Strength 1.91%
Down 3 Days in a Row Weakness 1.91%
Bearish Engulfing Bearish 1.84%
Upper Bollinger Band Walk Strength 1.84%
Outside Day Range Expansion 1.84%

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.
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: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 35.34
52 Week Low 26.745
Average Volume 5,292,761
200-Day Moving Average 31.3907
50-Day Moving Average 28.2022
20-Day Moving Average 28.322
10-Day Moving Average 28.701
Average True Range 0.6285
ADX 16.67
+DI 31.9003
-DI 22.4419
Chandelier Exit (Long, 3 ATRs ) 27.8945
Chandelier Exit (Short, 3 ATRs ) 28.6305
Upper Bollinger Band 29.7616
Lower Bollinger Band 26.8824
Percent B (%b) 0.85
BandWidth 10.165949
MACD Line 0.2323
MACD Signal Line 0.0293
MACD Histogram 0.203
Fundamentals Value
Market Cap 26.49 Billion
Num Shares 903 Million
EPS 2.24
Price-to-Earnings (P/E) Ratio 13.09
Price-to-Sales 2.91
Price-to-Book 1.82
PEG Ratio 2.26
Dividend 0.62
Dividend Yield 2.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.68
Resistance 3 (R3) 29.67 29.55 29.62
Resistance 2 (R2) 29.55 29.46 29.55 29.60
Resistance 1 (R1) 29.44 29.41 29.50 29.45 29.58
Pivot Point 29.32 29.32 29.35 29.32 29.32
Support 1 (S1) 29.21 29.23 29.27 29.22 29.08
Support 2 (S2) 29.09 29.18 29.09 29.06
Support 3 (S3) 28.98 29.09 29.04
Support 4 (S4) 28.99