US stock / ETF

Corning Incorporated

GLW · NYSE · USD

12 hoursBullish57%
12h Upside probability 57%Bullish

GLW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $114.5 and reclaim $197.46.

Invalidation Trigger

Lose $114.5 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 48.4, MACD 2.550

12h
Volatility EnvironmentBearish
High volatility

ATR is $10.52 (7.14%)

12h

EMA Structure

Bearish
EMA 8$139.1Bullish
EMA 21$145.54Bullish
EMA 50$162.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.4 · MACD 2.550

Neutral zone

Strength
Range
Volatility
ATR $10.52 · BB 36.48%

High volatility

Strength
Bearish
Volume
MFI 44.8 · OBV 8.82%

Relative to 20-period average volume

Strength
Range
Price Levels
$114.5 - $197.46

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+41.05% · 5.8 ATR above latest close

$207.98
Nearest resistance

+33.92% · 4.8 ATR above · 34-bar high

$197.46
Current price

Price shown is delayed

$147.45
Nearest support

-22.35% · 3.1 ATR below · 34-bar low

$114.5
Deeper support zone

-29.48% · 4.1 ATR below latest close

$103.98
ATR zone

Latest close ± ATR14

$136.93 - $157.97

Indicators

Trend

Dow Theory Structure

Confirmation $114.5, invalidation $164.45

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

Trend strength is active

59.4 / 18.5 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$106.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.8 / $193.14Bearish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

High volatility

$10.52 (7.14%)Bearish
Bollinger Bands (20,2)

Width 36.48%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$167.5 / $122.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.93 / $157.97Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.46Range
Support

Nearest Downside Decision Level

$114.5Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is positive

2.550Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.8 / 59.4Bullish
Williams %R (14)

Neutral zone

-23.2Range
CCI (20)

Balanced zone

-5.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

8.82%Bullish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Trend

Dow Theory Structure

Confirmation $114.5, invalidation $164.45

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

Trend strength is active

59.4 / 18.5 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$106.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.8 / $193.14Bearish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is positive

2.550Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.8 / 59.4Bullish
Williams %R (14)

Neutral zone

-23.2Range
CCI (20)

Balanced zone

-5.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$10.52 (7.14%)Bearish
Bollinger Bands (20,2)

Width 36.48%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$167.5 / $122.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.93 / $157.97Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

8.82%Bullish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.46Range
Support

Nearest Downside Decision Level

$114.5Range

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