US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

GLW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $124.06 and stabilize above resistance $170.63.

Invalidation Trigger

Break above $170.63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.9, MACD 0.849

Daily
Volatility EnvironmentBearish
High volatility

ATR is $7.65 (6.4%)

Daily

EMA Structure

Bearish
EMA 8$117.5Bullish
EMA 21$124.06Bearish
EMA 50$136.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD 0.849

Momentum is weak

Strength
Bearish
Volatility
ATR $7.65 · BB 28.26%

High volatility

Strength
Bearish
Volume
MFI 50.3 · OBV -3.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$101.83 - $170.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+49.19% · 7.7 ATR above latest close

$178.28
Nearest resistance

+42.79% · 6.7 ATR above · 34-bar high

$170.63
Current price

Price shown is delayed

$119.5
Nearest support

-14.79% · 2.3 ATR below · 34-bar low

$101.83
Deeper support zone

-21.19% · 3.3 ATR below latest close

$94.18
ATR zone

Latest close ± ATR14

$111.85 - $127.15

Indicators

Trend

Dow Theory Structure

Confirmation $101.83, invalidation $123.87

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 25.0 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$92.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.17 / $136.56Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bearish

Volatility

ATR (14)

High volatility

$7.65 (6.4%)Bearish
Bollinger Bands (20,2)

Width 28.26%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.43 / $107.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$111.85 / $127.15Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.63Range
Support

Nearest Downside Decision Level

$101.83Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is positive

0.849Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.3 / 57.4Bearish
Williams %R (14)

Neutral zone

-43.7Range
CCI (20)

Balanced zone

-45.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

-3.37%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Trend

Dow Theory Structure

Confirmation $101.83, invalidation $123.87

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 25.0 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$92.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.17 / $136.56Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bearish

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is positive

0.849Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.3 / 57.4Bearish
Williams %R (14)

Neutral zone

-43.7Range
CCI (20)

Balanced zone

-45.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$7.65 (6.4%)Bearish
Bollinger Bands (20,2)

Width 28.26%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.43 / $107.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$111.85 / $127.15Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

-3.37%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.63Range
Support

Nearest Downside Decision Level

$101.83Range

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