US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 dayBearish58%
Daily Downside probability 58%Bearish

GLW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $157.82 and stabilize above resistance $204.48.

Invalidation Trigger

Break above $204.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.1, MACD 0.322

Daily
Volatility EnvironmentBearish
High volatility

ATR is $8.74 (5.84%)

Daily

EMA Structure

Bearish
EMA 8$154.72Bearish
EMA 21$157.82Bearish
EMA 50$165.3Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.1 · MACD 0.322

Momentum is weak

Strength
Bearish
Volatility
ATR $8.74 · BB 35.71%

High volatility

Strength
Bearish
Volume
MFI 42.8 · OBV 2.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$114.5 - $204.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+42.3% · 7.2 ATR above latest close

$213.22
Nearest resistance

+36.47% · 6.2 ATR above · 34-bar high

$204.48
Current price

Price shown is delayed

$149.84
Nearest support

-23.59% · 4.0 ATR below · 34-bar low

$114.5
Deeper support zone

-29.42% · 5.0 ATR below latest close

$105.76
ATR zone

Latest close ± ATR14

$141.1 - $158.58

Indicators

Trend

Dow Theory Structure

Confirmation $170.75, invalidation $157.91

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.0 / 15.4 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$125.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.01 / $193.14Bearish
Donchian Channel (20)

20-period breakout channel position

63%Range

Volatility

ATR (14)

High volatility

$8.74 (5.84%)Bearish
Bollinger Bands (20,2)

Width 35.71%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$174.84 / $140.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$141.1 / $158.58Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$204.48Range
Support

Nearest Downside Decision Level

$114.5Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is positive

0.322Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.9 / 20.6Bearish
Williams %R (14)

Oversold zone

-92.1Bullish
CCI (20)

Balanced zone

-10.1Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

2.94%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $170.75, invalidation $157.91

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.0 / 15.4 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$125.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$151.01 / $193.14Bearish
Donchian Channel (20)

20-period breakout channel position

63%Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is positive

0.322Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.9 / 20.6Bearish
Williams %R (14)

Oversold zone

-92.1Bullish
CCI (20)

Balanced zone

-10.1Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$8.74 (5.84%)Bearish
Bollinger Bands (20,2)

Width 35.71%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$174.84 / $140.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$141.1 / $158.58Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

2.94%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$204.48Range
Support

Nearest Downside Decision Level

$114.5Range

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