GLW potential buy setupReasons for bullish bias:
- descending channel breakout on weekly
- Entry is at breakout of HH on daily
- DOW theory, SL at last HL
Entry Level(CMP): 33.31
Stop Loss Level: 29.65
Take Profit Level 1: 36.97
Next report date
Report period
Q2 2024
EPS estimate
0.42EUR
Revenue estimate
3.20 BEUR
0.620EUR
526.39 MEUR
11.40 BEUR
772.34 M
About Corning Incorporated
Sector
Industry
CEO
Wendell P. Weeks
Website
Headquarters
Corning
Employees (FY)
49.8 K
Founded
1851
FIGI
BBG01K3XRJQ9
Corning, Inc. engages in the provision of glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications, carrier network and enterprise network products for the telecommunications industry, ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets, laboratory products for the scientific community and polymer products for biotechnology applications, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products and other technologies. It operates through the following segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists of products and solutions for optical-based communications infrastructure for services such as video, data, and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments, and individuals for their own use. The Display Technologies segment manufactures glass substrates for flat panel displays, including organic light-emitting diodes and liquid crystal displays that are used primarily in televisions, notebook computer, desktop monitors, tablets, and handheld devices. The Specialty Materials segment is involved in the manufacture of products that provide material formulations for glass, glass ceramics and crystals, and precision metrology instruments and software. The Environmental Technologies segment focuses on manufacturing ceramic substrates and filter products for emissions control in mobile applications. The Life Sciences segment develops, manufactures, and supplies laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.
GLW Long setupSimple drive to pullback breakout in a new uptrend. Overall market has come off an extension and may still pullback further so look to see this hold well on day 1.
Corning IncFounded in 1851, Corning is a 172-year-old American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics.
Since its inception, Corning has been a pioneer in glass science and technology. They developed some o
Bullish on GLW.
Here we have GLW on a 15 minute chart. I am looking extremely bullish on this for a Day-trade or a few day swing trade. If we can break out of this upper trendline that I drew on the hourly chart then I feel like we can test the YTD WVAP. We are also in a demand zone that I drew from the daily char
Corning Incorporated (GLW) 1M Trading Analisys (TA)Avi Salzman in the Article titled 5 Stocks poised to profit from renewables, published on the February 27, 2023 issue of Barron's, studies these 5 stocks: GLW, ENPH, FREY, NTOIY & SBGSY, I picked the first to share with you my impressions
1M Chart, Corning Incorporated (GLW) :
MACD : On October
$GLW with a Bullish outlook following its earnings #Stocks The PEAD projected a bullish outlook for $GLW after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
$GLW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GLW after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
$GLW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GLW after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 83.33%.
GLW - Comparative Points Dominant trend line in green upwards
Currently price is above this, however comparisons can be made to earlier in the prices evolution (green and grey)
The grey circle is where we are now, bullish action follows this circle
A larger Rising Wedge structure (in yellow) can also be seen but it isn't a
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Frequently Asked Questions
The current price of 1GLW is 31.940 EUR — it has increased by 8.58% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on MIL exchange CORNING stocks are traded under the ticker 1GLW.
CORNING is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
1GLW stock is 7.91% volatile and has beta coefficient of 0.90. Check out the list of the most volatile stocks — is CORNING there?
1GLW earnings for the last quarter are 0.35 EUR per share, whereas the estimation was 0.36 EUR resulting in a −0.84% surprise. The estimated earnings for the next quarter are 0.33 EUR per share. See more details about CORNING earnings.
CORNING revenue for the last quarter amounts to 2.96 B EUR despite the estimated figure of 2.95 B EUR. In the next quarter revenue is expected to reach 2.89 B EUR.
Yes, you can track CORNING financials in yearly and quarterly reports right on TradingView.
1GLW stock has risen by 7.89% compared to the previous week, the month change is a 4.69% rise, over the last year CORNING has showed a 25.01% increase.
1GLW net income for the last quarter is 193.70 M EUR, while the quarter before that showed −36.24 M EUR of net income which accounts for 634.48% change. Track more CORNING financial stats to get the full picture.
Today CORNING has the market capitalization of 26.77 B, it has increased by 1.72% over the last week.
Yes, 1GLW dividends are paid quarterly. The last dividend per share was 0.26 EUR. As of today, Dividend Yield (TTM)% is 3.36%. Tracking CORNING dividends might help you take more informed decisions.
CORNING dividend yield was 3.68% in 2023, and payout ratio reached 165.58%. The year before the numbers were 3.38% and 70.33% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 1GLW shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CORNING stock right from TradingView charts — choose your broker and connect to your account.
As of May 2, 2024, the company has 49.80 K employees. See our rating of the largest employees — is CORNING on this list?
We've gathered analysts' opinions on CORNING future price: according to them, 1GLW price has a max estimate of 37.51 EUR and a min estimate of 27.19 EUR. Read a more detailed CORNING forecast: see what analysts think of CORNING and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CORNING EBITDA is 2.19 B EUR, and current EBITDA margin is 20.89%. See more stats in CORNING financial statements.