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Jul 25, 2018
Gorilla Glass Maker, Corning Glass is on Fire !

Gorilla Glass Maker, Corning Glass is on Fire !

Ever since Apple introduced brand new iPhone 8, 8 Plus and iPhone X with glass installed on both the back panel and the front screen the sales of Corning Gorilla Glass exploded. First of all new iPhones are using twice as much glass than the previous models for front and back. Second, people now were breaking twice as much glass on their new iPhones than before since now they have to replace the back glass panel as well if cracked.

Case in point, I personally bought iPhone X with an expensive $50 case for protecting the phone from drops. The screen of my iPhone is still in great shape, but 1 unfortunate drop last week shattered the back glass panel on my iPhone and now I need to replace it at $150 a pop which I did not have to worry about on iPhone 7 and 6.

In other words, the latest Apple fashion statement by covering their last line of iPhones with glass front and back noticeably increased Gorilla glass sales  which caused the stock to jump over 11%, today, July 25, 2018 after reporting strong 68% growth in earnings before the market as well as 10 percent increase in revenues.

Related Ticker: GLW

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Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.


GLW in +2.95% Uptrend, rising for three consecutive days on September 17, 2026

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GLW advanced for three days, in 234 of 335 cases, the price rose further within the following month. The odds of a continued upward trend are 70%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Momentum Indicator moved above the 0 level on September 17, 2026. You may want to consider a long position or call options on GLW as a result. In 60 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 68%.

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for GLW turned negative on September 16, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 23 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 49%.

GLW moved below its 50-day moving average on September 14, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GLW declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 61%.

GLW broke above its upper Bollinger Band on September 08, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for GLW entered a downward trend on September 15, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is 53 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is 54 (best 1 - 100 worst), indicating steady price growth. GLW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is 54 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is 67 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of 70 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: GLW's P/B Ratio (10.132) is slightly higher than the industry average of (4.907). P/E Ratio (68.111) is within average values for comparable stocks, (81.756). Projected Growth (PEG Ratio) (0.884) is also within normal values, averaging (1.063). Dividend Yield (0.008) settles around the average of (0.012) among similar stocks. P/S Ratio (7.446) is also within normal values, averaging (4.796).

Notable companies

The most notable companies in this group are Corning (NYSE:GLW), Universal Display Corp (NASDAQ:OLED).

Industry description

The Electronic Components industry produces electronic equipment for industries and consumer electronics products, such as mobile devices, televisions, and circuit boards. TE Connectivity Ltd, for example, is a company that designs and manufactures connectivity and sensor products for harsh environments in various industries, such as automotive, industrial equipment, aerospace, and oil & gas. Another major player, Corning Inc., makes advanced optics including end-to-end fiber and wireless solutions for communications networks along with various other technologies catering to industrial and scientific applications.

Market Cap

The average market capitalization across the Electronic Components Industry is 13.03B. The market cap for tickers in the group ranges from 5.86K to 193.26B. APH holds the highest valuation in this group at 193.26B. The lowest valued company is NXOPF at 5.86K.

High and low price notable news

The average weekly price growth across all stocks in the Electronic Components Industry was -2%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 19%. GAUZ experienced the highest price growth at 1,938%, while LINK experienced the biggest fall at -14%.

Volume

The average weekly volume growth across all stocks in the Electronic Components Industry was 6%. For the same stocks of the Industry, the average monthly volume growth was -28% and the average quarterly volume growth was -59%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 51
Price Growth Rating: 58
SMR Rating: 72
Profit Risk Rating: 67
Seasonality Score: -9 (-100 ... +100)
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General Information

a manufacturer of specialty glass and ceramics

Industry ElectronicComponents

Profile
Details
Industry
Electronic Components
Address
One Riverfront Plaza
Phone
+1 607 974-9000
Employees
67200
Web
https://www.corning.com
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