US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 weekBullish56%
Weekly Upside probability 56%Bullish

GLW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $83.95 and reclaim $271.78.

Invalidation Trigger

Lose $83.95 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.7, MACD -7.046

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $32.52 (21.7%)

Weekly

EMA Structure

Bullish
EMA 8$162.74Bearish
EMA 21$162.3Bearish
EMA 50$136.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD -7.046

Neutral zone

Strength
Bearish
Volatility
ATR $32.52 · BB 45.28%

High volatility

Strength
Bearish
Volume
MFI 53.1 · OBV 1.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$83.95 - $271.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+103.08% · 4.7 ATR above latest close

$304.3
Nearest resistance

+81.38% · 3.7 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$149.84
Nearest support

-43.97% · 2.0 ATR below · 34-bar low

$83.95
Deeper support zone

-65.68% · 3.0 ATR below latest close

$51.43
ATR zone

Latest close ± ATR14

$117.32 - $182.36

Indicators

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $114.5

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

Trend strength is active

29.5 / 25.5 / 25.0Bullish
Supertrend (10,3)

Price is above Supertrend

$56.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.14 / $168.77Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Volatility

ATR (14)

High volatility

$32.52 (21.7%)Bearish
Bollinger Bands (20,2)

Width 45.28%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.32 / $94.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$117.32 / $182.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$83.95Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-7.046Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 29.2Bearish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Balanced zone

-78.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

1.42%Bullish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $114.5

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

Trend strength is active

29.5 / 25.5 / 25.0Bullish
Supertrend (10,3)

Price is above Supertrend

$56.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.14 / $168.77Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-7.046Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 29.2Bearish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Balanced zone

-78.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$32.52 (21.7%)Bearish
Bollinger Bands (20,2)

Width 45.28%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$231.32 / $94.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$117.32 / $182.36Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

1.42%Bullish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$83.95Range

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