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 $155.52 and stabilize above resistance $176.94.

Invalidation Trigger

Break above $176.94 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -0.809

4h
Volatility EnvironmentRange
Medium volatility

ATR is $4.1 (2.75%)

4h

EMA Structure

Bearish
EMA 8$151.5Bearish
EMA 21$155.52Bearish
EMA 50$157.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -0.809

Momentum is weak

Strength
Bearish
Volatility
ATR $4.1 · BB 21.72%

Medium volatility

Strength
Range
Volume
MFI 30.3 · OBV -23.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$148.16 - $176.94

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.29% · 7.7 ATR above latest close

$181.04
Nearest resistance

+18.54% · 6.7 ATR above · 34-bar high

$176.94
Current price

Price shown is delayed

$149.27
Nearest support

-0.74% · 0.3 ATR below · 34-bar low

$148.16
Deeper support zone

-3.49% · 1.3 ATR below latest close

$144.06
ATR zone

Latest close ± ATR14

$145.17 - $153.37

Indicators

Trend

Dow Theory Structure

Confirmation $155.48, invalidation $148.16

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

Trend strength is active

27.4 / 11.5 / 21.4Bearish
Supertrend (10,3)

Price is above Supertrend

$139.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.19 / $162.55Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Medium volatility

$4.1 (2.75%)Range
Bollinger Bands (20,2)

Width 21.72%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$161.6 / $149.02Range
ATR channel lower / upper

Current Volatility Envelope

$145.17 / $153.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$176.94Range
Support

Nearest Downside Decision Level

$148.16Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 8.2Bearish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Balanced zone

-86.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.3Bearish
OBV slope

20-period OBV slope

-23.03%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $155.48, invalidation $148.16

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

Trend strength is active

27.4 / 11.5 / 21.4Bearish
Supertrend (10,3)

Price is above Supertrend

$139.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$157.19 / $162.55Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 8.2Bearish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Balanced zone

-86.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$4.1 (2.75%)Range
Bollinger Bands (20,2)

Width 21.72%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$161.6 / $149.02Range
ATR channel lower / upper

Current Volatility Envelope

$145.17 / $153.37Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.3Bearish
OBV slope

20-period OBV slope

-23.03%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$176.94Range
Support

Nearest Downside Decision Level

$148.16Range

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