The Greedy Trader Weekly Analysis
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Electronic Components Industry Stocks Technical Analysis - GLW

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- 1/23/2026 -
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Corning Inc. (GLW) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overbought
Daily :Lane's Stochastic is overbought
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It was the negative week for the Corning Inc. (GLW). During the week, the GLW gave back -0.90 points, or -0.96%, and closed at 93.30 on Friday, January 23, 2026. Weekly volume was -26% below average.

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 (27.92) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 (46.05) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is below its signal line since November 21, 2025. The distance between MACD and the signal line is low and getting smaller. 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 January 8, 2026 at 83.95 and reached 95.65 on January 22, 2026. GLW gained -11.70 points, or -13.94%, in 14 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See GLW daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since January 14, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.62
Williams' Percentage Range (W%R) 20.80
Lane's Stochastic (%D-Slow) 84.93
Overbought
Greed/Fear Indicator (GFI) 73.57
Moving Average Converg./Diverg. (MACD) 1.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.58
Williams' Percentage Range (W%R) 11.20
Overbought
Lane's Stochastic (%D-Slow) 63.23
Greed/Fear Indicator (GFI) 68.01
Moving Average Converg./Diverg. (MACD) 7.95
Trading Signals
Description Value Chart
Monthly Trendline Resistance 100.71
Upper Bollinger Band 95.83
Daily Stochastic Crossing 94.34
Price 93.30
Weekly Stochastic Crossing 91.04
20 Day Moving Average 90.06
50 Day Moving Average 87.36
Monthly Trendline Support 86.93
Parabolic System 86.19
Lower Bollinger Band 85.16
Quarterly Trendline Resistance 77.20
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Electronic Components 87
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 83.95
Low Date 01/08/2026
High 95.65
High Date 01/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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 Valid
Resistance 100.71
Support 86.93
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 77.20
Support 46.05
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 62.65
Support 27.92
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.