US stock / ETF

Corning Incorporated

GLW · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

GLW 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $196.26 and stabilize above resistance $271.78.

Invalidation Trigger

Break above $271.78 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 44.3, MACD -1.652

12h
Volatility EnvironmentBearish
High volatility

ATR is $9.81 (5.22%)

12h

EMA Structure

Bearish
EMA 8$189.26Bearish
EMA 21$196.26Bearish
EMA 50$197.28Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.3 · MACD -1.652

Momentum is weak

Strength
Bearish
Volatility
ATR $9.81 · BB 46.86%

High volatility

Strength
Bearish
Volume
MFI 42.6 · OBV -375.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$174.21 - $271.78

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+49.78% · 9.5 ATR above latest close

$281.59
Nearest resistance

+44.56% · 8.5 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$188
Nearest support

-7.34% · 1.4 ATR below · 34-bar low

$174.21
Deeper support zone

-12.55% · 2.4 ATR below latest close

$164.4
ATR zone

Latest close ± ATR14

$178.19 - $197.81

Indicators

Trend

Dow Theory Structure

Confirmation $204.48, invalidation $179.23

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

Trend strength is active

33.6 / 19.5 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$160.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.43 / $216.91Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$9.81 (5.22%)Bearish
Bollinger Bands (20,2)

Width 46.86%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.14 / $175.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$178.19 / $197.81Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$174.21Range

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is negative

-1.652Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.1 / 28.4Bullish
Williams %R (14)

Neutral zone

-57.9Range
CCI (20)

Balanced zone

-46.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.6Bearish
OBV slope

20-period OBV slope

-375.58%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $204.48, invalidation $179.23

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

Trend strength is active

33.6 / 19.5 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$160.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.43 / $216.91Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is negative

-1.652Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.1 / 28.4Bullish
Williams %R (14)

Neutral zone

-57.9Range
CCI (20)

Balanced zone

-46.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$9.81 (5.22%)Bearish
Bollinger Bands (20,2)

Width 46.86%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.14 / $175.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$178.19 / $197.81Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.6Bearish
OBV slope

20-period OBV slope

-375.58%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$174.21Range

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