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.
GLW sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for GLW moved above the 200-day moving average on June 24, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 23, 2025. You may want to consider a long position or call options on GLW as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GLW advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 229 cases where GLW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for GLW moved out of overbought territory on July 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for GLW turned negative on July 07, 2025. 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 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 of 62 cases within the following month. The odds of a continued downward trend are .
GLW broke above its upper Bollinger Band on June 30, 2025. 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 Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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: P/B Ratio (4.214) is normal, around the industry mean (4.712). P/E Ratio (101.404) is within average values for comparable stocks, (49.255). Projected Growth (PEG Ratio) (0.523) is also within normal values, averaging (1.960). Dividend Yield (0.021) settles around the average of (0.027) among similar stocks. P/S Ratio (3.375) is also within normal values, averaging (4.965).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.
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General Information
a manufacturer of specialty glass and ceramics
Industry ElectronicComponents
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