US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 weekBullish54%
Weekly Upside probability 54%Bullish

GLW 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $91.01 and reclaim $271.78.

Invalidation Trigger

Lose $91.01 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 53.1, MACD -5.190

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $29.65 (17.82%)

Weekly

EMA Structure

Range
EMA 8$160.24Bullish
EMA 21$161.01Bullish
EMA 50$138.67Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD -5.190

Neutral zone

Strength
Range
Volatility
ATR $29.65 · BB 48.61%

High volatility

Strength
Bearish
Volume
MFI 54.6 · OBV 10.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$91.01 - $271.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+81.15% · 4.6 ATR above latest close

$301.43
Nearest resistance

+63.33% · 3.6 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$166.4
Nearest support

-45.31% · 2.5 ATR below · 34-bar low

$91.01
Deeper support zone

-63.13% · 3.5 ATR below latest close

$61.36
ATR zone

Latest close ± ATR14

$136.75 - $196.05

Indicators

Trend

Dow Theory Structure

Confirmation $114.5, invalidation $170.75

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

Trend strength is active

24.0 / 28.7 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$91.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.62 / $173.96Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

High volatility

$29.65 (17.82%)Bearish
Bollinger Bands (20,2)

Width 48.61%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$210.05 / $112.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.75 / $196.05Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$91.01Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-5.190Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.0 / 26.7Bullish
Williams %R (14)

Neutral zone

-67.0Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.6Range
OBV slope

20-period OBV slope

10.73%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $114.5, invalidation $170.75

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

Trend strength is active

24.0 / 28.7 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$91.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.62 / $173.96Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-5.190Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.0 / 26.7Bullish
Williams %R (14)

Neutral zone

-67.0Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$29.65 (17.82%)Bearish
Bollinger Bands (20,2)

Width 48.61%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$210.05 / $112.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.75 / $196.05Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.6Range
OBV slope

20-period OBV slope

10.73%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$91.01Range

Related Forecasts