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Archive
- 9/4/2026 -
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Corning Inc. (GLW) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was a first positive week for the Corning Inc. (GLW). During the week, the GLW gained 5.32 points, or 3.57%, and closed at 154.30 on Friday, September 4, 2026. Weekly volume was -17% below average.
GLW is a member of Information Technology Sector. Information Technology is the second most overbought 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 271.78 on June 30, 2026. GLW gained -264.42 points, or -3592.66%, in 918 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (39.58) 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 downtrend had started on June 30, 2026 at 271.78 and reached 114.50 on July 28, 2026. GLW lost 157.28 points, or 57.87%, in 4 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See GLW weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since July 10, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See GLW short-term trend chart]
A short-term downtrend had started on August 17, 2026 at 176.94 and reached 139.25 on September 3, 2026. GLW lost 37.69 points, or 21.30%, in 17 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (138.95) is broken. A broken support is considered to be a long-term bullish signal. 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 technical indicators are neutral.
The daily MACD line is above its signal line since September 3, 2026. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above 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.
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