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.
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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.
Momentum Indicator for GLW turns negative, indicating new downward trend
GLW saw its Momentum Indicator move below the 0 level on August 19, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned negative. In of the 87 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 .
The Aroon Indicator for GLW entered a downward trend on August 06, 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.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GLW's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
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 Moving Average Convergence Divergence (MACD) for GLW just turned positive on August 04, 2026. Looking at past instances where GLW's MACD turned positive, the stock continued to rise in of 47 cases over the following month. 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 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 SMR rating for this company is (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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.
The Tickeron Valuation Rating of (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: P/B Ratio (10.277) is normal, around the industry mean (5.563). P/E Ratio (69.051) is within average values for comparable stocks, (83.207). Projected Growth (PEG Ratio) (1.144) is also within normal values, averaging (1.216). Dividend Yield (0.007) settles around the average of (0.012) among similar stocks. P/S Ratio (7.740) is also within normal values, averaging (5.276).
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Fundamental Analysis Ratings
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General Information
a manufacturer of specialty glass and ceramics
Industry ElectronicComponents
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