US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 hourBearish54%
1h Downside probability 54%Bearish

GLW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $125.97 and stabilize above resistance $135.86.

Invalidation Trigger

Break above $135.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBullish
Momentum improving

RSI 44.9, MACD 0.357

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.72 (1.37%)

1h

EMA Structure

Bearish
EMA 8$124.97Bullish
EMA 21$125.97Bearish
EMA 50$128.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.9 · MACD 0.357

Momentum is weak

Strength
Bullish
Volatility
ATR $1.72 · BB 4.89%

Low volatility

Strength
Bullish
Volume
MFI 83.6 · OBV 1.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$122.55 - $135.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.84% · 7.2 ATR above latest close

$137.58
Nearest resistance

+8.47% · 6.2 ATR above · 34-bar high

$135.86
Current price

Price shown is delayed

$125.25
Nearest support

-2.16% · 1.6 ATR below · 34-bar low

$122.55
Deeper support zone

-3.53% · 2.6 ATR below latest close

$120.83
ATR zone

Latest close ± ATR14

$123.53 - $126.97

Indicators

Trend

Dow Theory Structure

Confirmation $128.41, invalidation $122.55

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

Trend strength is active

33.2 / 27.2 / 19.9Bullish
Supertrend (10,3)

Price is above Supertrend

$119.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.75 / $129.68Bearish
Donchian Channel (20)

20-period breakout channel position

40%Bearish

Volatility

ATR (14)

Low volatility

$1.72 (1.37%)Bullish
Bollinger Bands (20,2)

Width 4.89%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$129.92 / $121.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.53 / $126.97Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.86Range
Support

Nearest Downside Decision Level

$122.55Range

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is positive

0.357Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 43.8Bullish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

23.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $128.41, invalidation $122.55

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

Trend strength is active

33.2 / 27.2 / 19.9Bullish
Supertrend (10,3)

Price is above Supertrend

$119.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.75 / $129.68Bearish
Donchian Channel (20)

20-period breakout channel position

40%Bearish

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is positive

0.357Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 43.8Bullish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

23.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.72 (1.37%)Bullish
Bollinger Bands (20,2)

Width 4.89%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$129.92 / $121.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.53 / $126.97Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.86Range
Support

Nearest Downside Decision Level

$122.55Range

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