US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

GLW 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $29.71 and reclaim $271.78.

Invalidation Trigger

Lose $29.71 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 53.1, MACD 0.648

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $46.24 (36.92%)

Monthly

EMA Structure

Bullish
EMA 8$147.25Bearish
EMA 21$118.8Bullish
EMA 50$83.22Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD 0.648

Neutral zone

Strength
Bullish
Volatility
ATR $46.24 · BB 193.43%

High volatility

Strength
Bearish
Volume
MFI 77.6 · OBV 226.28%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$29.71 - $271.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+153.91% · 4.2 ATR above latest close

$318.02
Nearest resistance

+116.99% · 3.2 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$125.25
Nearest support

-76.28% · 2.1 ATR below · 34-bar low

$29.71
Deeper support zone

-113.2% · 3.1 ATR below latest close

-$16.53
ATR zone

Latest close ± ATR14

$79.01 - $171.49

Indicators

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $114.5

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

Trend strength is active

69.3 / 31.9 / 11.1Bullish
Supertrend (10,3)

Price is above Supertrend

-$30.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.98 / $148.52Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

High volatility

$46.24 (36.92%)Bearish
Bollinger Bands (20,2)

Width 193.43%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.1 / $2.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.01 / $171.49Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$29.71Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is positive

0.648Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.7 / 38.9Bearish
Williams %R (14)

Neutral zone

-71.3Range
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

77.6Bullish
OBV slope

20-period OBV slope

226.28%Bullish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $114.5

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

Trend strength is active

69.3 / 31.9 / 11.1Bullish
Supertrend (10,3)

Price is above Supertrend

-$30.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.98 / $148.52Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is positive

0.648Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.7 / 38.9Bearish
Williams %R (14)

Neutral zone

-71.3Range
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$46.24 (36.92%)Bearish
Bollinger Bands (20,2)

Width 193.43%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.1 / $2.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.01 / $171.49Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.6Bullish
OBV slope

20-period OBV slope

226.28%Bullish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$29.71Range

Related Forecasts