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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GLW saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 12, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In 33 of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 69%.
The Momentum Indicator moved below the 0 level on October 08, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on GLW as a result. In 47 of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 55%.
GLW moved below its 50-day moving average on October 12, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GLW crossed bearishly below the 50-day moving average on October 15, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.
The 50-day moving average for GLW moved below the 200-day moving average on October 20, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an 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 63%.
The Aroon Indicator for GLW entered a downward trend on November 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.
The RSI Indicator demonstrates 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
GLW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron SMR rating for this company is 53 (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 Price Growth Rating for this company is 65 (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 66 (best 1 - 100 worst), pointing to 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 Profit vs. Risk Rating rating for this company is 66 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock slightly better than average.
The Tickeron Valuation Rating of 76 (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 (7.279) is normal, around the industry mean (3.856). P/E Ratio (47.806) is within average values for comparable stocks, (6.228). Projected Growth (PEG Ratio) (0.906) is also within normal values, averaging (0.930). Dividend Yield (0.011) settles around the average of (0.021) among similar stocks. P/S Ratio (7.446) is also within normal values, averaging (4.422).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of specialty glass and ceramics
Industry ElectronicComponents