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Electronic Components Industry Stocks Technical Analysis - GLWArchive - 6/12/2026 - Sign In to see current Signals. |
Corning Inc. (GLW) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Corning Inc. (GLW). During the week, the GLW climbed 1.62 points, or 0.91%, and closed at 179.20 on Friday, June 12, 2026. Weekly volume was 33% above average. GLW is a member of Information Technology Sector. Information Technology is the 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 211.79 on May 13, 2026. GLW gained -204.43 points, or -2777.58%, in 911 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (28.39) 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 211.79 on May 13, 2026. GLW gained -186.53 points, or -738.44%, in 133 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (49.37) 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 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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 211.79 on May 13, 2026. GLW gained -134.40 points, or -173.67%, in 173 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (175.19) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support 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 below its signal line since May 18, 2026. The distance between MACD and the signal line is relatively high and getting bigger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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