US stock / ETF

Corning Incorporated

GLW · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

GLW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $130.84 and stabilize above resistance $149.2.

Invalidation Trigger

Break above $149.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.2, MACD -0.166

4h
Volatility EnvironmentRange
Medium volatility

ATR is $3.23 (2.58%)

4h

EMA Structure

Bearish
EMA 8$126.55Bearish
EMA 21$130.84Bearish
EMA 50$138.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.2 · MACD -0.166

Momentum is weak

Strength
Bearish
Volatility
ATR $3.23 · BB 14.07%

Medium volatility

Strength
Range
Volume
MFI 37.0 · OBV -26.85%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$122.55 - $149.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.7% · 8.4 ATR above latest close

$152.43
Nearest resistance

+19.12% · 7.4 ATR above · 34-bar high

$149.2
Current price

Price shown is delayed

$125.25
Nearest support

-2.16% · 0.8 ATR below · 34-bar low

$122.55
Deeper support zone

-4.74% · 1.8 ATR below latest close

$119.32
ATR zone

Latest close ± ATR14

$122.02 - $128.48

Indicators

Trend

Dow Theory Structure

Confirmation $128.33, invalidation $128.41

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

Trend strength is active

22.9 / 20.6 / 33.2Bearish
Supertrend (10,3)

Price is above Supertrend

$115.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.52 / $146.03Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Medium volatility

$3.23 (2.58%)Range
Bollinger Bands (20,2)

Width 14.07%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$136.96 / $124.09Range
ATR channel lower / upper

Current Volatility Envelope

$122.02 / $128.48Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.2Range
Support

Nearest Downside Decision Level

$122.55Range

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.166Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 19.7Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Balanced zone

-95.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-26.85%Bearish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $128.33, invalidation $128.41

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

Trend strength is active

22.9 / 20.6 / 33.2Bearish
Supertrend (10,3)

Price is above Supertrend

$115.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.52 / $146.03Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-0.166Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 19.7Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Balanced zone

-95.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$3.23 (2.58%)Range
Bollinger Bands (20,2)

Width 14.07%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$136.96 / $124.09Range
ATR channel lower / upper

Current Volatility Envelope

$122.02 / $128.48Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-26.85%Bearish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$149.2Range
Support

Nearest Downside Decision Level

$122.55Range

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