Corning Inc.(GLW) has rising momentum with an uptrend

(23-May-2008) (23-May-2008) Corning Inc.(GLW) closed at 27.44, down -0.09 or -0.33 % today. Based on our analysis, Corning Inc.(GLW) has rising momentum with an uptrend.

The closing price of Corning Inc.(GLW) is above its 50 day moving average of 25.86 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Corning Inc.(GLW) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 28-May-2008, about 3 trading days ago.