US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 hourBearish74%
1h Downside probability 74%Bearish

GLW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $165.18 and stabilize above resistance $170.33.

Invalidation Trigger

Break above $170.33 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -0.151

1h
Volatility EnvironmentRange
Low volatility

ATR is $2.68 (1.67%)

1h

EMA Structure

Range
EMA 8$165.09Bearish
EMA 21$165.18Bearish
EMA 50$163.85Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -0.151

Momentum is weak

Strength
Bearish
Volatility
ATR $2.68 · BB 5.30%

Low volatility

Strength
Range
Volume
MFI 49.2 · OBV -6.81%

Relative to 20-period average volume

Strength
Range
Price Levels
$156.52 - $170.33

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.63% · 4.6 ATR above latest close

$173.01
Nearest resistance

+5.96% · 3.6 ATR above · 34-bar high

$170.33
Current price

Price shown is delayed

$160.75
Nearest support

-2.63% · 1.6 ATR below · 34-bar low

$156.52
Deeper support zone

-4.3% · 2.6 ATR below latest close

$153.84
ATR zone

Latest close ± ATR14

$158.07 - $163.43

Indicators

Trend

Dow Theory Structure

Confirmation $168.07, invalidation $161.91

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

Trend strength is moderate

17.0 / 21.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$152.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.3 / $163.91Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Volatility

ATR (14)

Low volatility

$2.68 (1.67%)Range
Bollinger Bands (20,2)

Width 5.30%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$171.14 / $159.22Range
ATR channel lower / upper

Current Volatility Envelope

$158.07 / $163.43Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.33Range
Support

Nearest Downside Decision Level

$156.52Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 66.7Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Weak expansion

-134.3Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.2Range
OBV slope

20-period OBV slope

-6.81%Bearish
Volume ratio

Relative to 20-period average volume

3.05xBullish

Trend

Dow Theory Structure

Confirmation $168.07, invalidation $161.91

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

Trend strength is moderate

17.0 / 21.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$152.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.3 / $163.91Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 66.7Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Weak expansion

-134.3Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$2.68 (1.67%)Range
Bollinger Bands (20,2)

Width 5.30%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$171.14 / $159.22Range
ATR channel lower / upper

Current Volatility Envelope

$158.07 / $163.43Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.2Range
OBV slope

20-period OBV slope

-6.81%Bearish
Volume ratio

Relative to 20-period average volume

3.05xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.33Range
Support

Nearest Downside Decision Level

$156.52Range

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