GLW Technical Signal Analysis
GLW have 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is -0.72%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of GLW over last 5 trading day is $277,285,990.90
3 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
14.8
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
14.47
Bullish
Williams %R (14 days)
WILLR_14 < -80
-80.96
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-5.03
Bearish
Momentum (10 days)
MOM_10 < 0
-3.4
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.57
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
14.8
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
14.47
Bullish
Williams %R (14 days)
WILLR_14 < -80
-80.96
Bullish
GLW Support and Resistance Level
The support levels for GLW are at 44.56, 43.03, and 40.54, while the resistance levels are at 49.53, 51.06, and 53.54. With the current stock price at 45.6, it is leaning more toward the support levels.
GLW Technical Analysis
Based on the provided data, here is the technical analysis for GLW (Corning Incorporated):
Price Trend and Volume Analysis
- Recent Closing Price: $50.25 (as of 2025-02-28)
- 5-Day SMA: $49.92 | 10-Day SMA: $51.11 | 20-Day SMA: $51.80
- The stock is trading slightly below its 10-day and 20-day SMAs, indicating short-term bearish momentum.
- Volume: 8.56M shares on 2025-02-28, which is higher than the average, suggesting increased trading activity.
Technical Indicators
- RSI (14): 45.74 (Neutral, but approaching oversold territory)
- MACD: -0.14 (Bearish crossover with MACD line below the signal line)
- Stochastic Oscillator (14,3,3): %K = 17.72, %D = 12.86 (Oversold zone, potential for reversal)
Support and Resistance Levels
- Fibonacci Pivot: $50.87
- Resistance Levels:
- R1: $52.73
- R2: $53.87
- R3: $55.73
- Support Levels:
- S1: $49.01
- S2: $47.87
- S3: $46.01
- The stock is near its pivot point, with $49.01 acting as immediate support.
Bollinger Bands
- Upper Band: $55.56 | Lower Band: $48.04 | Middle Band: $51.80
- The price is near the lower band, indicating potential oversold conditions.
Recommendation
- Current Trend: Neutral to Bearish
- Action: Hold or wait for confirmation of a reversal before buying. If the price breaks below $49.01, it may signal further downside. Conversely, a move above $52.73 could indicate bullish momentum.
GLW FAQs
Which bull technical signals does GLW have?
Which bearish technical signals does GLW have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for GLW stock?
Is GLW a buy based on overall technical signals summary?
GLW Buy or Sell
GLW has 3 buy signals and 3 sell signals now. Overall the technical rating for GLW is Neutral.
Neutral
Sell
3
Buy
3
GLW Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 45.6 above the SMA_5. In the short term, the stock shows a negative trend with the 45.37 below the SMA_20. In the mid term, the stock shows a negative trend with the 48.87 below the SMA_60. In the long term, the stock shows a positive trend with the 49.38 above the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about GLW's current trend?What are GLW's key support and resistance levels?