CORNING INC. - Daily - Technical analysis published on 02/11/2025 (GMT)
- 95
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above
My targets
()
My analysis
The bullish trend is currently very strong on CORNING INC.. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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This analysis was given by gioviforex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CORNING INC. price is 53.05 USD. The price registered an increase of +0.15% on the session with the lowest point at 52.65 USD and the highest point at 53.60 USD. The deviation from the price is +0.76% for the low point and -1.03% for the high point.52.65
53.60
53.05
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CORNING INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 43.85 | 46.50 | 49.76 | 53.05 | 54.25 |
| Change (%) | -17.34% | -12.35% | -6.20% | - | +2.26% |
| Change | -9.20 | -6.55 | -3.29 | - | +1.20 |
| Level | Minor | Major | Intermediate | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.65 | 52.15 | 52.60 | 53.10 | 53.55 | 54.05 | 54.50 |
| Camarilla | 52.79 | 52.88 | 52.96 | 53.05 | 53.14 | 53.22 | 53.31 |
| Woodie | 51.63 | 52.14 | 52.58 | 53.09 | 53.53 | 54.04 | 54.48 |
| Fibonacci | 52.15 | 52.51 | 52.74 | 53.10 | 53.46 | 53.69 | 54.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.52 | 48.34 | 50.66 | 52.48 | 54.80 | 56.62 | 58.94 |
| Camarilla | 51.83 | 52.21 | 52.59 | 52.97 | 53.35 | 53.73 | 54.11 |
| Woodie | 46.76 | 48.47 | 50.90 | 52.61 | 55.04 | 56.75 | 59.18 |
| Fibonacci | 48.34 | 49.93 | 50.90 | 52.48 | 54.07 | 55.04 | 56.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.93 | 42.06 | 47.07 | 51.20 | 56.21 | 60.34 | 65.35 |
| Camarilla | 49.57 | 50.40 | 51.24 | 52.08 | 52.92 | 53.76 | 54.59 |
| Woodie | 38.37 | 42.28 | 47.51 | 51.42 | 56.65 | 60.56 | 65.79 |
| Fibonacci | 42.06 | 45.55 | 47.71 | 51.20 | 54.69 | 56.85 | 60.34 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.39 | |
| MACD (12,26,9): | 1.1800 | |
| Directional Movement: | 16.51 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 52.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 49.41 | |
| Elder Ray (13): | 1.14 | |
| Super Trend (3,10): | 54.80 | |
| Zig ZAG (10): | 53.05 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 68.84 | |
| TEMA (21): | 53.36 | |
| Williams %R (14): | -33.73 | |
| Chande Momentum Oscillator (20): | -0.93 | |
| Repulse (5,40,3): | -0.8000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 8.99 |
| MA7: | 52.63 | |
| MA20: | 51.23 | |
| MA50: | 49.32 | |
| MA100: | 47.75 | |
| MAexp7: | 52.61 | |
| MAexp20: | 51.35 | |
| MAexp50: | 49.64 | |
| MAexp100: | 47.48 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | +3.55% | |
| Price / MA50: | +7.56% | |
| Price / MA100: | +11.10% | |
| Price / MAexp7: | +0.84% | |
| Price / MAexp20: | +3.31% | |
| Price / MAexp50: | +6.87% | |
| Price / MAexp100: | +11.73% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on CORNING INC. at the time of the analysis were as follows:
- Corning Reports Strong Fourth-Quarter and Full-Year 2024 Financial Results,(1) Marking Successful First Year of ‘Springboard’ Plan
- Samsung Galaxy S25 Ultra Introduces Corning® Gorilla® Armor 2, the Industry’s First Anti-Reflective Glass Ceramic for Mobile Devices
- Corning and Lumen Reach Supply Agreement on Next-Generation Fiber-Optic Cable to Support Data Center AI Demands
- Pure Lithium Appoints Former Corning Executive as Chief Operating Officer
- Discovery Life Sciences to Acquire Gentest Business from Corning Incorporated
This member declared not having a position on this financial instrument or a related financial instrument.
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