US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 dayBearish85%
Daily Downside probability 85%Bearish

GLW 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $143.14 and stabilize above resistance $171.3.

Invalidation Trigger

Break above $171.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 33.9, MACD -2.904

Daily
Volatility EnvironmentBearish
High volatility

ATR is $8.08 (6.45%)

Daily

EMA Structure

Bearish
EMA 8$133.56Bearish
EMA 21$143.14Bearish
EMA 50$150.86Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.9 · MACD -2.904

Momentum is weak

Strength
Bearish
Volatility
ATR $8.08 · BB 36.47%

High volatility

Strength
Bearish
Volume
MFI 29.5 · OBV -4.06%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$122.55 - $171.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+43.22% · 6.7 ATR above latest close

$179.38
Nearest resistance

+36.77% · 5.7 ATR above · 34-bar high

$171.3
Current price

Price shown is delayed

$125.25
Nearest support

-2.16% · 0.3 ATR below · 34-bar low

$122.55
Deeper support zone

-8.61% · 1.3 ATR below latest close

$114.47
ATR zone

Latest close ± ATR14

$117.17 - $133.33

Indicators

Trend

Dow Theory Structure

Confirmation $170.63, invalidation $151.15

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

Trend strength is active

38.4 / 7.6 / 42.1Bearish
Supertrend (10,3)

Price is above Supertrend

$102.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.12 / $146.92Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

High volatility

$8.08 (6.45%)Bearish
Bollinger Bands (20,2)

Width 36.47%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$157.81 / $127.58Bearish
ATR channel lower / upper

Current Volatility Envelope

$117.17 / $133.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.3Range
Support

Nearest Downside Decision Level

$122.55Range

Momentum

RSI (14)

Momentum is weak

33.9Bearish
MACD (12,26,9)

Histogram is negative

-2.904Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.6 / 8.6Bearish
Williams %R (14)

Oversold zone

-94.4Bullish
CCI (20)

Weak expansion

-125.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.5Bearish
OBV slope

20-period OBV slope

-4.06%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $170.63, invalidation $151.15

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

Trend strength is active

38.4 / 7.6 / 42.1Bearish
Supertrend (10,3)

Price is above Supertrend

$102.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.12 / $146.92Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

33.9Bearish
MACD (12,26,9)

Histogram is negative

-2.904Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.6 / 8.6Bearish
Williams %R (14)

Oversold zone

-94.4Bullish
CCI (20)

Weak expansion

-125.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volatility

ATR (14)

High volatility

$8.08 (6.45%)Bearish
Bollinger Bands (20,2)

Width 36.47%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$157.81 / $127.58Bearish
ATR channel lower / upper

Current Volatility Envelope

$117.17 / $133.33Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.5Bearish
OBV slope

20-period OBV slope

-4.06%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.3Range
Support

Nearest Downside Decision Level

$122.55Range

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