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Corning Inc Bearish Moving Average Crossover Alert (GLW)

By Nick Russo

Today, shares of Corning Inc (NYSE:GLW) have fallen below their 10-day MA of $34.70 on a volume of 346K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Corning Inc has traded in a range of $26.11 to $36.56 and is now at $34.47, 32% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.5%.

SmarTrend is tracking the current trend status for Corning Inc and will alert subscribers who have GLW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses corning inc

Ticker(s): GLW