US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 weekBullish71%
Weekly Upside probability 71%Bullish

GLW 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $80.02 and reclaim $271.78.

Invalidation Trigger

Lose $80.02 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 52.8, MACD -2.454

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $31.25 (18.53%)

Weekly

EMA Structure

Bullish
EMA 8$186.15Bearish
EMA 21$168.7Bearish
EMA 50$133.11Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.8 · MACD -2.454

Neutral zone

Strength
Range
Volatility
ATR $31.25 · BB 61.30%

High volatility

Strength
Bearish
Volume
MFI 70.0 · OBV 30.47%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$80.02 - $271.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+79.69% · 4.3 ATR above latest close

$303.03
Nearest resistance

+61.16% · 3.3 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$168.64
Nearest support

-52.55% · 2.8 ATR below · 34-bar low

$80.02
Deeper support zone

-71.08% · 3.8 ATR below latest close

$48.77
ATR zone

Latest close ± ATR14

$137.39 - $199.89

Indicators

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $166

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

Trend strength is active

47.7 / 29.9 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$80.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.14 / $162.54Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$31.25 (18.53%)Bearish
Bollinger Bands (20,2)

Width 61.30%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.25 / $103.22Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.39 / $199.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$80.02Range

Momentum

RSI (14)

Neutral zone

52.8Range
MACD (12,26,9)

Histogram is negative

-2.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.6 / 34.3Bearish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Balanced zone

15.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

70.0Bullish
OBV slope

20-period OBV slope

30.47%Bullish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Trend

Dow Theory Structure

Confirmation $271.78, invalidation $166

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

Trend strength is active

47.7 / 29.9 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$80.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.14 / $162.54Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Neutral zone

52.8Range
MACD (12,26,9)

Histogram is negative

-2.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.6 / 34.3Bearish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Balanced zone

15.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$31.25 (18.53%)Bearish
Bollinger Bands (20,2)

Width 61.30%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.25 / $103.22Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.39 / $199.89Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

70.0Bullish
OBV slope

20-period OBV slope

30.47%Bullish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$80.02Range

Related Forecasts