Corning(GLW)

Corning (GLW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GLW · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$154.06last close · Jul 22, 202652-week range $53.29$271.78 · 43.31% below the high

GLW Bullish Pennant Pattern

GLW is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $170.07 (+33.7%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; GLW's own bullish pennants have hit 100.0%.

DirectionBullishTarget$170.07Projected move+33.7%Breakout level$129.63

New to this pattern? What a bullish pennant is and how to trade it →

GLW's Most Recent Bullish Pennant Trade

GLW's most recent completed bullish pennant resolved as a win: it broke higher on Mar 23, 2026 near $130.37, then reached its target at $164.38 on Apr 17, 2026 — a 26.1% move (+5.26R) over 18 sessions. Across 116 backtested bullish pennants, this setup wins 57.8% of the time.

OutcomeWinResult+26.1%R+5.26REntry$130.37Exit$164.38

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
GLW win rate
100.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

GLW Pattern Trade History

Every completed pattern trade our nightly backtest found on GLW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantMar 23, 2026 @ $130.37Apr 17, 2026 @ $164.38Win+33.7% · +5.26R
Rising WedgeJan 5, 2026 @ $88.09Jan 16, 2026 @ $94.20Loss+18.4% · -1.11R
Rising WedgeSep 4, 2025 @ $70.29Oct 10, 2025 @ $82.98Win+11.6% · +3.06R
TriangleJan 16, 2025 @ $49.09Jan 27, 2025 @ $49.53Win+9.3% · +0.15R
TriangleMar 25, 2024 @ $32.48May 2, 2024 @ $33.57Loss+11.1% · -1.01R
Falling WedgeAug 24, 2023 @ $32.25Sep 7, 2023 @ $31.52Loss+8.4% · -1.88R
TriangleApr 26, 2023 @ $32.64Jun 16, 2023 @ $35.85Loss+10.0% · -1.73R
TriangleDec 6, 2022 @ $33.46Jan 6, 2023 @ $35.38Loss+8.8% · -1.50R
Falling WedgeJul 15, 2022 @ $32.48Aug 5, 2022 @ $35.80Win+13.8% · +2.90R
Falling WedgeJun 10, 2022 @ $33.14Jul 29, 2022 @ $36.76Loss+13.1% · -1.07R
Rising WedgeApr 5, 2021 @ $44.94Jun 17, 2021 @ $39.32Loss+12.9% · -1.04R
TriangleMar 10, 2021 @ $39.26Apr 27, 2021 @ $44.51Win+10.2% · +1.59R

Bullish Pennant Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about bullish pennant

GLW Support and Resistance Levels

Price was turned away at a ceiling near $282.27 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $120.01 — still about 22% away.

  • Traders commonly watch $120.01 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $282.27 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

GLW Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$157.00$161.45$153.88$154.06
Jul 21, 2026$161.30$164.50$156.60$162.41
Jul 20, 2026$157.86$160.54$152.59$153.10
Jul 17, 2026$150.83$158.38$146.94$154.61
Jul 16, 2026$166.58$167.50$154.43$158.39
Jul 15, 2026$186.60$187.07$167.09$174.41
Jul 14, 2026$192.98$193.71$186.05$187.64
Jul 13, 2026$185.25$189.07$178.66$183.11
Jul 10, 2026$189.54$192.77$186.40$190.89
Jul 9, 2026$201.75$204.48$192.15$192.38

GLW Frequently Asked Questions

What chart pattern is GLW forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Corning (GLW) on the daily chart, with a measured-move target of $170.07.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on GLW is a bullish pattern, projecting a measured-move target of $170.07. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if GLW's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $170.07 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GLW's closing price on Jul 22, 2026?
Corning (GLW) last closed at $154.06 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.