US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 weekRange50%
Weekly Range probability 100%Range

GLW 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $114.5 - $271.78 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 52.4, MACD -3.529

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $26.45 (16.11%)

Weekly

EMA Structure

Range
EMA 8$159.16Bullish
EMA 21$160.13Bullish
EMA 50$140.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.4 · MACD -3.529

Neutral zone

Strength
Range
Volatility
ATR $26.45 · BB 49.29%

High volatility

Strength
Bearish
Volume
MFI 44.3 · OBV -7.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$114.5 - $271.78

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+81.63% · 5.1 ATR above latest close

$298.23
Nearest resistance

+65.53% · 4.1 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$164.19
Nearest support

-30.26% · 1.9 ATR below · 34-bar low

$114.5
Deeper support zone

-46.37% · 2.9 ATR below latest close

$88.05
ATR zone

Latest close ± ATR14

$137.74 - $190.64

Indicators

Trend

Dow Theory Structure

Confirmation $171.3, invalidation $139.25

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

Trend strength is moderate

15.5 / 24.5 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$97.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.62 / $174.58Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

High volatility

$26.45 (16.11%)Bearish
Bollinger Bands (20,2)

Width 49.29%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$200.56 / $120.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.74 / $190.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$114.5Range

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is negative

-3.529Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 27.0Bullish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-36.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.3Bearish
OBV slope

20-period OBV slope

-7.57%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Trend

Dow Theory Structure

Confirmation $171.3, invalidation $139.25

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

Trend strength is moderate

15.5 / 24.5 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$97.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.62 / $174.58Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Neutral zone

52.4Range
MACD (12,26,9)

Histogram is negative

-3.529Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 27.0Bullish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-36.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$26.45 (16.11%)Bearish
Bollinger Bands (20,2)

Width 49.29%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$200.56 / $120.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.74 / $190.64Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.3Bearish
OBV slope

20-period OBV slope

-7.57%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$114.5Range

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