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GLW

monthly
Daily Weekly Monthly
PARABOLIC
Support
$118
Resistance
$160
GLW Corning Inc. monthly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of March 26, 2026
GLW Monthly chart 2026-03-26 09:19:48 UTC
AI-generated analysis — not financial advice. For educational purposes only.

GLW Monthly Technical Analysis Summary

As of March 26, 2026, GLW (Corning Inc.) is in a parabolic state on the monthly chart, with a confidence level of 78%. Key support is at $118 and key resistance at $160. Parabolic monthly rally to ~$160 then pullback; last close ~$146 with very stretched RSI (~87) and price far above all key MAs.

Price Scenarios & Targets

bearish

Mean-reversion pullback/sideways digestion: retrace from the spike high and base above prior breakout zone, then attempt a renewed push later.

Price Target
$95.0
Path to target
First move
$118
Pullback
$135
Final target
$95.0

bullish

Blow-off continuation: quick dip gets bought aggressively and price retests/briefly breaks the ~$160 spike high before a larger consolidation.

Price Target
$180
Path to target
First move
$160
Pullback
$135
Final target
$180

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Monthly close back above ~$155 with a higher high (hold >$155 next month) would confirm continued parabolic squeeze

✗ Invalidation

Monthly close below ~$118 would invalidate parabolic continuation and signal a deeper mean-reversion phase

Position Entry & Exit Levels

⊕ Add

Start $118 – $135
Add $95.0 – $118
Heavy $72.0 – $95.0

Buy zones are anchored to the prior breakout/round-number support ($118–$135), then typical Fibonacci-style mean reversion levels from a parabolic leg (~38–50% into $95–$118; deeper 50–61.8% into $72–$95).

⊖ Derisk

Trim 1 $160 – $180
Trim 2 $180 – $210
Close $210 – $260

With price already far above EMA50/100/200, trims are mapped to likely wave-5 extension zones (new highs above ~$160) where upside becomes increasingly convex and reversal risk rises.

Frequently Asked Questions

What is the monthly technical outlook for GLW today?

As of March 26, 2026, GLW (Corning Inc.) is in a parabolic state on the monthly chart with 78% confidence. Parabolic monthly rally to ~$160 then pullback; last close ~$146 with very stretched RSI (~87) and price far above all key MAs.

What are the monthly support and resistance levels for GLW?

On the monthly timeframe, GLW has key support at $118 and key resistance at $160. The most likely scenario (bearish) targets $118 and $95.0, with a revert level at $135.

Is GLW in an uptrend or downtrend?

GLW (Corning Inc.) is currently classified as parabolic on the monthly chart, with 78% confidence. Confirmation requires: Monthly close back above ~$155 with a higher high (hold >$155 next month) would confirm continued parabolic squeeze This would be invalidated by: Monthly close below ~$118 would invalidate parabolic continuation and signal a deeper mean-reversion phase

What are the price targets for GLW?

The most likely scenario (bearish) targets $118 and $95.0, with a revert level at $135. The alternative scenario (bullish) targets $160 and $180.

Other Timeframes for GLW
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