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 $136.38 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

12h
Momentum StateBearish
Momentum soft

RSI 34.9, MACD -0.749

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.08 (4.05%)

12h

EMA Structure

Bearish
EMA 8$128.99Bearish
EMA 21$136.38Bearish
EMA 50$144.64Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.9 · MACD -0.749

Momentum is weak

Strength
Bearish
Volatility
ATR $5.08 · BB 23.65%

Medium volatility

Strength
Range
Volume
MFI 32.4 · OBV -23.33%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$122.55 - $170.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+40.29% · 9.9 ATR above latest close

$175.71
Nearest resistance

+36.23% · 8.9 ATR above · 34-bar high

$170.63
Current price

Price shown is delayed

$125.25
Nearest support

-2.16% · 0.5 ATR below · 34-bar low

$122.55
Deeper support zone

-6.21% · 1.5 ATR below latest close

$117.47
ATR zone

Latest close ± ATR14

$120.17 - $130.33

Indicators

Trend

Dow Theory Structure

Confirmation $128.33, invalidation $136.8

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

Trend strength is active

62.4 / 11.9 / 40.8Bearish
Supertrend (10,3)

Price is above Supertrend

$109.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.67 / $146.59Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$5.08 (4.05%)Range
Bollinger Bands (20,2)

Width 23.65%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.67 / $126.13Range
ATR channel lower / upper

Current Volatility Envelope

$120.17 / $130.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.63Range
Support

Nearest Downside Decision Level

$122.55Range

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-0.749Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 8.9Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-127.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.4Bearish
OBV slope

20-period OBV slope

-23.33%Bearish
Volume ratio

Relative to 20-period average volume

1.08xRange

Trend

Dow Theory Structure

Confirmation $128.33, invalidation $136.8

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

Trend strength is active

62.4 / 11.9 / 40.8Bearish
Supertrend (10,3)

Price is above Supertrend

$109.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.67 / $146.59Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-0.749Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 8.9Bullish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-127.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$5.08 (4.05%)Range
Bollinger Bands (20,2)

Width 23.65%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$145.67 / $126.13Range
ATR channel lower / upper

Current Volatility Envelope

$120.17 / $130.33Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.4Bearish
OBV slope

20-period OBV slope

-23.33%Bearish
Volume ratio

Relative to 20-period average volume

1.08xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.63Range
Support

Nearest Downside Decision Level

$122.55Range

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