Corning Incorporated (Germany) Technical Analysis

GLW Stock  EUR 48.19  0.34  0.71%   
As of the 22nd of January, Corning Incorporated shows the Mean Deviation of 1.22, risk adjusted performance of 0.1021, and Downside Deviation of 1.3. Corning Incorporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Corning Incorporated jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Corning Incorporated is priced correctly, providing market reflects its regular price of 48.19 per share.

Corning Incorporated Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Corning, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Corning
  
Corning Incorporated's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Corning Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Corning Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corning Incorporated trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Corning Incorporated Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Corning Incorporated volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Corning Incorporated Trend Analysis

Use this graph to draw trend lines for Corning Incorporated. You can use it to identify possible trend reversals for Corning Incorporated as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Corning Incorporated price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Corning Incorporated Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Corning Incorporated applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Corning Incorporated will continue generating value for investors. It has 122 observation points and a regression sum of squares at 126.26, which is the sum of squared deviations for the predicted Corning Incorporated price change compared to its average price change.

About Corning Incorporated Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Corning Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Corning Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Corning Incorporated price pattern first instead of the macroeconomic environment surrounding Corning Incorporated. By analyzing Corning Incorporated's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Corning Incorporated's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Corning Incorporated specific price patterns or momentum indicators. Please read more on our technical analysis page.

Corning Incorporated January 22, 2025 Technical Indicators

Most technical analysis of Corning help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Corning from various momentum indicators to cycle indicators. When you analyze Corning charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Corning Stock analysis

When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.
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