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- 1/9/2026 -
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Corning Inc. (GLW) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Williams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving AverageBroken trend support lineThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Corning Inc. (GLW). During the week, the GLW dropped -5.44 points, or -6.00%, and closed at 85.23 on Friday, January 9, 2026. GLW was trading at average weekly trading volume.

Long-term trend: [See GLW long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 7.36 and reached 96.64 on December 11, 2025. GLW gained -89.28 points, or -1213.04%, in 889 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (27.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See GLW medium-term trend chart]
A medium-term uptrend had started on October 24, 2023 at 25.26 and reached 96.64 on December 11, 2025. GLW gained -71.38 points, or -282.58%, in 111 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (45.75) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See GLW weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 21, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See GLW short-term trend chart]
A short-term uptrend had started on November 21, 2025 at 77.39 and reached 96.64 on December 11, 2025. GLW gained -19.25 points, or -24.87%, in 20 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (91.38) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. GLW may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.

Daily Technical Indicators: [See GLW daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since December 26, 2025.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.33
Williams' Percentage Range (W%R) 89.10
Oversold
Lane's Stochastic (%D-Slow) 29.94
Greed/Fear Indicator (GFI) 28.38
Moving Average Converg./Diverg. (MACD) 0.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.47
Williams' Percentage Range (W%R) 34.00
Lane's Stochastic (%D-Slow) 60.48
Greed/Fear Indicator (GFI) 58.94
Moving Average Converg./Diverg. (MACD) 8.21
Trading Signals
Description Value Chart
Monthly Trendline Resistance 99.40
Weekly Trendline Resistance 92.76
Parabolic System 92.74
Upper Bollinger Band 92.28
Weekly Trendline Support 91.38
20 Day Moving Average 88.42
Weekly Stochastic Crossing 88.42
Daily Stochastic Crossing 86.85
50 Day Moving Average 86.60
Monthly Trendline Support 85.46
Price 85.23
Lower Bollinger Band 83.15
Quarterly Trendline Resistance 76.44
Sector and Industry
Description Name Rank
Sector Information Technology 5
Industry Electronic Components 67
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 96.64
High Date 12/11/2025
Low 83.95
Low Date 01/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 92.76
Support 91.38
Low 77.39
Low Date 11/21/2025
High 96.64
High Date 12/11/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 99.40
Support 85.46
Low 37.31
Low Date 04/07/2025
High 96.64
High Date 12/11/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 76.44
Support 45.75
Low 25.26
Low Date 10/24/2023
High 96.64
High Date 12/11/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 62.52
Support 27.87
Low 7.36
Low Date 11/21/2008
High 96.64
High Date 12/11/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.