US stock / ETF

Corning Incorporated

GLW · NYSE · USD

4 hoursBearish63%
4h Downside probability 63%Bearish

GLW 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $190.79 and stabilize above resistance $228.64.

Invalidation Trigger

Break above $228.64 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 45.0, MACD 1.029

4h
Volatility EnvironmentRange
Medium volatility

ATR is $5.84 (3.11%)

4h

EMA Structure

Bearish
EMA 8$188.07Bearish
EMA 21$190.79Bearish
EMA 50$196.91Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.0 · MACD 1.029

Neutral zone

Strength
Range
Volatility
ATR $5.84 · BB 10.68%

Medium volatility

Strength
Range
Volume
MFI 47.2 · OBV 18.70%

Relative to 20-period average volume

Strength
Range
Price Levels
$174.21 - $228.64

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.72% · 8.0 ATR above latest close

$234.48
Nearest resistance

+21.62% · 7.0 ATR above · 34-bar high

$228.64
Current price

Price shown is delayed

$188
Nearest support

-7.34% · 2.4 ATR below · 34-bar low

$174.21
Deeper support zone

-10.44% · 3.4 ATR below latest close

$168.37
ATR zone

Latest close ± ATR14

$182.16 - $193.84

Indicators

Trend

Dow Theory Structure

Confirmation $179.23, invalidation $195.55

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

Trend strength is moderate

11.9 / 18.4 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$170.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$188.37 / $223Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Volatility

ATR (14)

Medium volatility

$5.84 (3.11%)Range
Bollinger Bands (20,2)

Width 10.68%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.04 / $178.92Range
ATR channel lower / upper

Current Volatility Envelope

$182.16 / $193.84Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.64Range
Support

Nearest Downside Decision Level

$174.21Range

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is positive

1.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.0 / 41.7Bullish
Williams %R (14)

Neutral zone

-54.0Range
CCI (20)

Balanced zone

-9.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.2Range
OBV slope

20-period OBV slope

18.70%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $179.23, invalidation $195.55

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

Trend strength is moderate

11.9 / 18.4 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$170.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$188.37 / $223Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is positive

1.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.0 / 41.7Bullish
Williams %R (14)

Neutral zone

-54.0Range
CCI (20)

Balanced zone

-9.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$5.84 (3.11%)Range
Bollinger Bands (20,2)

Width 10.68%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.04 / $178.92Range
ATR channel lower / upper

Current Volatility Envelope

$182.16 / $193.84Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.2Range
OBV slope

20-period OBV slope

18.70%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.64Range
Support

Nearest Downside Decision Level

$174.21Range

Related Forecasts