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- 2/27/2026 -
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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 and Lane's Stochastic are overboughtRelative Strength Index is strongly overboughtStochastic has declined below the signal lineOversold sector
Daily :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtStochastic has declined below the signal lineThe period of high volatility of the stock price
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It was a fifth consecutive positive week for the Corning Inc. (GLW). During the week, the GLW gained 10.87 points, or 7.79%, and closed at 150.38 on Friday, February 27, 2026. Weekly volume was 150% above average.

GLW is a member of Information Technology Sector. Information Technology is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See GLW long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 7.36 and reached 162.10 on February 25, 2026. GLW gained -154.74 points, or -2102.45%, in 900 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (28.04) 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 162.10 on February 25, 2026. GLW gained -136.84 points, or -541.73%, in 122 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (46.87) 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 and Lane's Stochastic are overbought while Relative Strength Index is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic or strongly overbought weekly Relative Strength Index. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since January 23, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 162.10 on February 25, 2026. GLW gained -84.71 points, or -109.46%, in 96 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (92.81) 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 short-term trend.

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. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

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 the Bollinger Bands is 145.63% higher then one year average. It indicates the period of high volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.82
Williams' Percentage Range (W%R) 21.80
Lane's Stochastic (%D-Slow) 81.99
Overbought
Greed/Fear Indicator (GFI) 77.02
Moving Average Converg./Diverg. (MACD) 11.92
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 91.95
Strong Overbought
Williams' Percentage Range (W%R) 15.50
Overbought
Lane's Stochastic (%D-Slow) 88.30
Overbought
Greed/Fear Indicator (GFI) 80.91
Overbought
Moving Average Converg./Diverg. (MACD) 10.54
Trading Signals
Description Value Chart
Upper Bollinger Band 162.63
Daily Stochastic Crossing 155.82
Weekly Stochastic Crossing 154.45
Price 150.38
Parabolic System 146.46
20 Day Moving Average 130.92
50 Day Moving Average 107.11
Lower Bollinger Band 101.14
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Electronic Components 118
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 83.95
Low Date 01/08/2026
High 162.10
High Date 02/25/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 86.03
Support 92.81
Low 77.39
Low Date 11/21/2025
High 162.10
High Date 02/25/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 104.20
Support 92.88
Low 37.31
Low Date 04/07/2025
High 162.10
High Date 02/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 79.25
Support 46.87
Low 25.26
Low Date 10/24/2023
High 162.10
High Date 02/25/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 62.98
Support 28.04
Low 7.36
Low Date 11/21/2008
High 162.10
High Date 02/25/2026
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.