US stock / ETF

Corning Incorporated

GLW · NYSE · USD

12 hoursBearish75%
12h Downside probability 75%Bearish

GLW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $157.54 and stabilize above resistance $176.94.

Invalidation Trigger

Break above $176.94 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 41.3, MACD -1.876

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.2 (4.82%)

12h

EMA Structure

Bearish
EMA 8$154.69Bearish
EMA 21$157.54Bearish
EMA 50$160.65Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.3 · MACD -1.876

Momentum is weak

Strength
Bearish
Volatility
ATR $7.2 · BB 16.27%

Medium volatility

Strength
Range
Volume
MFI 30.9 · OBV 5.87%

Relative to 20-period average volume

Strength
Range
Price Levels
$122.25 - $176.94

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+23.36% · 4.8 ATR above latest close

$184.14
Nearest resistance

+18.54% · 3.8 ATR above · 34-bar high

$176.94
Current price

Price shown is delayed

$149.27
Nearest support

-18.1% · 3.8 ATR below · 34-bar low

$122.25
Deeper support zone

-22.93% · 4.8 ATR below latest close

$115.05
ATR zone

Latest close ± ATR14

$142.07 - $156.47

Indicators

Trend

Dow Theory Structure

Confirmation $176.94, invalidation $158.54

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

Trend strength is moderate

19.5 / 15.2 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$129.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.55 / $145.72Bearish
Donchian Channel (20)

20-period breakout channel position

4%Range

Volatility

ATR (14)

Medium volatility

$7.2 (4.82%)Range
Bollinger Bands (20,2)

Width 16.27%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$172.49 / $142.48Range
ATR channel lower / upper

Current Volatility Envelope

$142.07 / $156.47Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$176.94Range
Support

Nearest Downside Decision Level

$122.25Range

Momentum

RSI (14)

Momentum is weak

41.3Bearish
MACD (12,26,9)

Histogram is negative

-1.876Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 9.8Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Weak expansion

-137.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.9Bearish
OBV slope

20-period OBV slope

5.87%Bullish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Trend

Dow Theory Structure

Confirmation $176.94, invalidation $158.54

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

Trend strength is moderate

19.5 / 15.2 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$129.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.55 / $145.72Bearish
Donchian Channel (20)

20-period breakout channel position

4%Range

Momentum

RSI (14)

Momentum is weak

41.3Bearish
MACD (12,26,9)

Histogram is negative

-1.876Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 9.8Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Weak expansion

-137.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$7.2 (4.82%)Range
Bollinger Bands (20,2)

Width 16.27%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$172.49 / $142.48Range
ATR channel lower / upper

Current Volatility Envelope

$142.07 / $156.47Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.9Bearish
OBV slope

20-period OBV slope

5.87%Bullish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$176.94Range
Support

Nearest Downside Decision Level

$122.25Range

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