US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 dayBearish67%
Daily Downside probability 67%Bearish

GLW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $197.43 and stabilize above resistance $271.78.

Invalidation Trigger

Break above $271.78 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.9, MACD -4.188

Daily
Volatility EnvironmentBearish
High volatility

ATR is $20.43 (10.87%)

Daily

EMA Structure

Range
EMA 8$193.5Bearish
EMA 21$197.43Bearish
EMA 50$189.19Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.9 · MACD -4.188

Neutral zone

Strength
Bearish
Volatility
ATR $20.43 · BB 44.58%

High volatility

Strength
Bearish
Volume
MFI 49.5 · OBV -7.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$166 - $271.78

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+55.43% · 5.1 ATR above latest close

$292.21
Nearest resistance

+44.56% · 4.1 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$188
Nearest support

-11.7% · 1.1 ATR below · 34-bar low

$166
Deeper support zone

-22.57% · 2.1 ATR below latest close

$145.57
ATR zone

Latest close ± ATR14

$167.57 - $208.43

Indicators

Trend

Dow Theory Structure

Confirmation $204.48, invalidation $178.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.5 / 37.5 / 31.8Bullish
Supertrend (10,3)

Price is above Supertrend

$137.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.26 / $209.97Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

High volatility

$20.43 (10.87%)Bearish
Bollinger Bands (20,2)

Width 44.58%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.77 / $163.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$167.57 / $208.43Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$166Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-4.188Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.3 / 10.0Bullish
Williams %R (14)

Oversold zone

-89.7Bullish
CCI (20)

Balanced zone

-53.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-7.86%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $204.48, invalidation $178.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.5 / 37.5 / 31.8Bullish
Supertrend (10,3)

Price is above Supertrend

$137.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.26 / $209.97Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-4.188Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.3 / 10.0Bullish
Williams %R (14)

Oversold zone

-89.7Bullish
CCI (20)

Balanced zone

-53.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$20.43 (10.87%)Bearish
Bollinger Bands (20,2)

Width 44.58%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.77 / $163.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$167.57 / $208.43Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-7.86%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$166Range

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