US stock / ETF

Corning Incorporated

GLW · NYSE · USD

1 weekBearish82%
Weekly Downside probability 82%Bearish

GLW 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $154.37 and stabilize above resistance $271.78.

Invalidation Trigger

Break above $271.78 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 40.6, MACD -5.525

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.91 (15.89%)

Weekly

EMA Structure

Range
EMA 8$146.59Bearish
EMA 21$154.37Bearish
EMA 50$140.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.6 · MACD -5.525

Momentum is weak

Strength
Bearish
Volatility
ATR $19.91 · BB 56.59%

High volatility

Strength
Bearish
Volume
MFI 31.4 · OBV -10.94%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$114.5 - $271.78

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+132.88% · 8.4 ATR above latest close

$291.69
Nearest resistance

+116.99% · 7.4 ATR above · 34-bar high

$271.78
Current price

Price shown is delayed

$125.25
Nearest support

-8.58% · 0.5 ATR below · 34-bar low

$114.5
Deeper support zone

-24.48% · 1.5 ATR below latest close

$94.59
ATR zone

Latest close ± ATR14

$105.34 - $145.16

Indicators

Trend

Dow Theory Structure

Confirmation $170.63, invalidation $139.25

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

Trend strength is moderate

13.3 / 19.7 / 34.4Bearish
Supertrend (10,3)

Price is above Supertrend

$76.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.03 / $174.58Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$19.91 (15.89%)Bearish
Bollinger Bands (20,2)

Width 56.59%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$189.96 / $118.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$105.34 / $145.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$114.5Range

Momentum

RSI (14)

Momentum is weak

40.6Bearish
MACD (12,26,9)

Histogram is negative

-5.525Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 29.3Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Weak expansion

-134.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.4Bearish
OBV slope

20-period OBV slope

-10.94%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Trend

Dow Theory Structure

Confirmation $170.63, invalidation $139.25

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

Trend strength is moderate

13.3 / 19.7 / 34.4Bearish
Supertrend (10,3)

Price is above Supertrend

$76.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.03 / $174.58Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

40.6Bearish
MACD (12,26,9)

Histogram is negative

-5.525Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 29.3Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Weak expansion

-134.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$19.91 (15.89%)Bearish
Bollinger Bands (20,2)

Width 56.59%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$189.96 / $118.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$105.34 / $145.16Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.4Bearish
OBV slope

20-period OBV slope

-10.94%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.78Range
Support

Nearest Downside Decision Level

$114.5Range

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