Technical Analysis for GLW - Corning Incorporated

Grade Last Price % Change Price Change
grade F 27.33 -1.58% -0.44
GLW closed down 1.58 percent on Thursday, May 24, 2018, on 75 percent of 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 Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical GLW trend table...

Date Alert Name Type % Chg
May 24 Fell Below 50 DMA Bearish 0.00%
May 24 180 Bearish Setup Bearish Swing Setup 0.00%
May 23 Crossed Above 50 DMA Bullish -1.58%
May 23 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.58%
May 22 Fell Below 50 DMA Bearish -1.12%
May 21 Crossed Above 50 DMA Bullish -1.55%
May 21 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.55%
May 21 Outside Day Range Expansion -1.55%
May 18 Fell Below 50 DMA Bearish -1.30%
May 18 Narrow Range Bar Range Contraction -1.30%

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, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 34.8882
52 Week Low 26.11
Average Volume 6,080,832
200-Day Moving Average 29.8332
50-Day Moving Average 27.6086
20-Day Moving Average 27.3775
10-Day Moving Average 27.793
Average True Range 0.4452
ADX 18.44
+DI 22.79
-DI 26.0
Chandelier Exit (Long, 3 ATRs ) 26.9444
Chandelier Exit (Short, 3 ATRs ) 27.4456
Upper Bollinger Band 28.3226
Lower Bollinger Band 26.4324
Percent B (%b) 0.47
BandWidth 6.90421
MACD Line 0.0407
MACD Signal Line -0.0013
MACD Histogram 0.042
Fundamentals Value
Market Cap 24.68 Billion
Num Shares 903 Million
EPS 2.24
Price-to-Earnings (P/E) Ratio 12.20
Price-to-Sales 2.91
Price-to-Book 1.82
PEG Ratio 2.26
Dividend 0.62
Dividend Yield 2.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.01
Resistance 3 (R3) 28.08 27.91 27.90
Resistance 2 (R2) 27.91 27.74 27.88 27.86
Resistance 1 (R1) 27.62 27.63 27.54 27.56 27.82
Pivot Point 27.46 27.46 27.42 27.43 27.46
Support 1 (S1) 27.17 27.28 27.09 27.10 26.84
Support 2 (S2) 27.00 27.18 26.97 26.80
Support 3 (S3) 26.71 27.00 26.76
Support 4 (S4) 26.65