Corning Incorporated (GLW) Stock Quote & Options Analysis | Frenzy Capital
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- 52-Week Range
- $42.00 – $179.08
- YTD
- +68.02%
- IV Rank (30D)
- 36.52
- Straddle Price
- $23.83
- P/C Vol Ratio
- 2.08
- Market Cap
- $144.3B
- Industry (SIC)
- DRAWING & INSULATING OF NONFERROUS WIRE (3357)
- Exchange
- XNYS
- Market Cap
- $144.3B
Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks and data centers. It also provides cover glass for smartphones as well as filters and substrates and glass for cars, produces pharmaceutical glass, and produces polysilicon for solar panels. Corning is a US producer and is vertically integrated across its products and markets.
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +8.31% | 6 |
| Feb | +6.74% | 6 |
| Mar | -5.47% | 6 |
| Apr | +0.84% | 6 |
| May | +2.14% | 5 |
| Jun | +0.44% | 5 |
| Jul | +4.74% | 5 |
| Aug | -1.86% | 5 |
| Sep | +0.08% | 5 |
| Oct | +2.13% | 5 |
| Nov | +3.09% | 5 |
| Dec | +0.55% | 5 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 46.9 | Neutral |
| MACD | 6.687 | Bullish |
| SMA 50 | $147.28 | Above |
| SMA 200 | $98.68 | Above |
| Bollinger Bands | Neutral | |
| ADX | 22.6 | Weak Trend |
| HV 30 | 71.0% |
LLM Stock Analysis Report
Executive Summary
Confidence Level: 8/10 (BULLISH)
Key Drivers: Strong technical signals, positive news sentiment, and high volatility.
Primary Risks: High risk due to beta >1.5, moderate volume, and mixed signal from RSI and MACD.
Investment Thesis: Corning's (GLW) strong fundamental position, combined with positive earnings expectations and catalysts, drive our bullish call. The company's hyperspectral imaging systems market potential adds a significant growth driver.
Recent News Sentiment Impact: Positive news headlines dominate the recent narrative, highlighting the company's strong fundamentals and potential for further growth.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bullish, with a slight pullback possible
- Medium-term (1-3 months): Uptrend, driven by momentum indicators
- Long-term (3-12 months): Bullish, as the stock continues to trend upwards
Support/Resistance Levels: Critical price levels include:
- Resistance: $184.92 (Bollinger Bands upper band)
- Support: $147.28 (SMA 50) and $98.68 (SMA 200)
Momentum Signals:
- RSI interpretation: Neutral, with room for further growth
- MACD signal: Bullish, indicating a strong uptrend
- Bollinger Bands position: Squeeze, suggesting potential breakout
News & Sentiment Analysis
Recent Headlines Summary: The most recent news headlines are overwhelmingly positive, highlighting Corning's strong fundamentals and growth prospects.
Sentiment Assessment: Positive sentiment dominates the narrative, with a slight bias towards caution due to high volatility and mixed signals from RSI and MACD.
Catalyst Identification: Earnings expectations and catalysts drive our bullish call. The company's hyperspectral imaging systems market potential adds significant growth driver.
Risk & Volatility Assessment
Beta Interpretation: High risk, with beta >1.5 indicating more volatility than the market.
Volatility Regime: Current volatility is higher than historical levels (HV30 71.0%), suggesting increased uncertainty.
Options Market Signals: IV rank is medium-high (36.5%), indicating historically high volatility. The options market is pricing a $23.83 move by expiration, with bearish sentiment in the put/call volume ratio (2.08).
Market Context & Positioning
Sector Performance: Corning's sector, Technology, has been performing relatively well compared to the overall market.
Institutional Activity: Volume patterns suggest institutional interest and potential buying pressure.
Correlation Analysis: The stock moves slightly more than the market (R-squared interpretation), indicating a moderate degree of correlation.
Key Levels & Action Items
Critical Price Levels:
- Support: $147.28 (SMA 50) and $98.68 (SMA 200)
- Resistance: $184.92 (Bollinger Bands upper band)
Breakout/Breakdown Levels: A breakout above the Bollinger Bands upper band or a breakdown below the SMA 200 could trigger significant moves.
Time-Sensitive Catalysts: Upcoming earnings expectations and potential regulatory changes in the hyperspectral imaging systems market.
Risk Management:
- Stop-loss levels: $139.10 (SMA 200) for short-term traders, $147.28 (SMA 50) for medium-term traders
- Position sizing considerations: Conservative investors should consider reducing position sizes due to high volatility and mixed signals from RSI and MACD.
This comprehensive analysis provides a detailed evaluation of Corning's (GLW) technical and fundamental performance. The bullish call is driven by strong technical signals, positive news sentiment, and high volatility, with some caution due to the stock's high beta and mixed signal from RSI and MACD.
- IV Rank (30D)
- 36.52
- IV Rank (7D)
- 57.42
- Avg IV
- 73.0%
- Straddle (30D)
- $23.83
- Straddle (7D)
- $16.40
- P/C Volume
- 2.08
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR25 and BF25 from the live options chain. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
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Enter a ticker to render the implied volatility surface.
- Beta (1Y vs SPY)
- 1.87
- Correlation (SPY)
- 49.3%
- R²
- 0.24
- Ann. Volatility
- 47.4%
- SPY Volatility
- 12.5%
High volatility - stock moves more than market
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
| P/B Ratio | 12.2 |
| P/S Ratio | 9.2 |
| EV/EBITDA | 41.7 |
| ROE | 13.5% |
| Dividend Yield | 0.69% |
| Debt/Equity | 0.71 |