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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Corning Incorporated (NYSE:GLW)
Bull Market Weakness (+75) - GLW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GLW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GLW?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GLW
The long-term trend has been DOWN since Sep 26th, 2023 at 30.5800
The intermediate-term trend has been UP since Nov 14th, 2023 at 28.3023
The short-term trend has been UP since Nov 29th, 2023 at 28.3100
Smart Scan Analysis for GLW
Based on our trend formula, GLW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.080 | 29.375 | 29.010 | 29.110 | +0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.110 | 3031963 | 2023-12-08 15:58:50 |
| Year High | 36.56 | Year High Date | 2018-09-21 |
| Year Low | 26.11 | Year Low Date | 2018-05-03 |
| 52wk High | 37.1 | 52wk High Date | 2023-01-30 |
| 52wk Low | 25.26 | 52wk Low Date | 2023-10-24 |
| Year End Close | 12.62 | Average Volume | 3,858,412 |
| Shares Outstanding | 853,175 | Short Interest | 22,791,622 |
| % Institutional | 73.6 | Market Cap | 23,410M |
| Assets | 282,780,000M | Liabilities | 168,480,000M |
| P/E Ratio | 42.6618 | Beta | 1.62 |
| Volatility | 34.59 |