US stock / ETF

Corning Incorporated

GLW · NYSE · USD

4 hoursBearish54%
4h Downside probability 54%Bearish

GLW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $161.26 and stabilize above resistance $171.3.

Invalidation Trigger

Break above $171.3 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 51.3, MACD -0.554

4h
Volatility EnvironmentRange
Medium volatility

ATR is $4.5 (2.8%)

4h

EMA Structure

Bullish
EMA 8$164.15Bearish
EMA 21$161.26Bearish
EMA 50$157.02Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD -0.554

Neutral zone

Strength
Bearish
Volatility
ATR $4.5 · BB 15.38%

Medium volatility

Strength
Range
Volume
MFI 48.3 · OBV 45.89%

Relative to 20-period average volume

Strength
Range
Price Levels
$139.25 - $171.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.36% · 3.3 ATR above latest close

$175.8
Nearest resistance

+6.56% · 2.3 ATR above · 34-bar high

$171.3
Current price

Price shown is delayed

$160.75
Nearest support

-13.37% · 4.8 ATR below · 34-bar low

$139.25
Deeper support zone

-16.17% · 5.8 ATR below latest close

$134.75
ATR zone

Latest close ± ATR14

$156.25 - $165.25

Indicators

Trend

Dow Theory Structure

Confirmation $171.3, invalidation $160.3

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

Trend strength is active

46.9 / 16.3 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$148.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$158.97 / $155.28Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

Medium volatility

$4.5 (2.8%)Range
Bollinger Bands (20,2)

Width 15.38%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.27 / $152.76Range
ATR channel lower / upper

Current Volatility Envelope

$156.25 / $165.25Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.3Range
Support

Nearest Downside Decision Level

$139.25Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.6 / 59.4Bearish
Williams %R (14)

Neutral zone

-71.4Range
CCI (20)

Balanced zone

-12.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

45.89%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $171.3, invalidation $160.3

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

Trend strength is active

46.9 / 16.3 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$148.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$158.97 / $155.28Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.6 / 59.4Bearish
Williams %R (14)

Neutral zone

-71.4Range
CCI (20)

Balanced zone

-12.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$4.5 (2.8%)Range
Bollinger Bands (20,2)

Width 15.38%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.27 / $152.76Range
ATR channel lower / upper

Current Volatility Envelope

$156.25 / $165.25Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

45.89%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$171.3Range
Support

Nearest Downside Decision Level

$139.25Range

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