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 $187.08 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 StateBearish
Momentum soft

RSI 31.2, MACD -0.831

4h
Volatility EnvironmentRange
Medium volatility

ATR is $6.31 (3.74%)

4h

EMA Structure

Bearish
EMA 8$181.08Bearish
EMA 21$187.08Bearish
EMA 50$194.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.2 · MACD -0.831

Momentum is weak

Strength
Bearish
Volatility
ATR $6.31 · BB 15.08%

Medium volatility

Strength
Range
Volume
MFI 46.1 · OBV -5.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$168.63 - $228.64

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+39.32% · 10.5 ATR above latest close

$234.95
Nearest resistance

+35.58% · 9.5 ATR above · 34-bar high

$228.64
Current price

Price shown is delayed

$168.64
Nearest support

-0.01% · 0.0 ATR below · 34-bar low

$168.63
Deeper support zone

-3.75% · 1.0 ATR below latest close

$162.32
ATR zone

Latest close ± ATR14

$162.33 - $174.95

Indicators

Trend

Dow Theory Structure

Confirmation $179.23, invalidation $190.61

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

Trend strength is moderate

14.2 / 19.4 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$149.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.32 / $220.2Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Medium volatility

$6.31 (3.74%)Range
Bollinger Bands (20,2)

Width 15.08%

-18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$200.52 / $172.84Range
ATR channel lower / upper

Current Volatility Envelope

$162.33 / $174.95Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.64Range
Support

Nearest Downside Decision Level

$168.63Range

Momentum

RSI (14)

Momentum is weak

31.2Bearish
MACD (12,26,9)

Histogram is negative

-0.831Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 17.4Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-261.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.1Range
OBV slope

20-period OBV slope

-5.10%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Trend

Dow Theory Structure

Confirmation $179.23, invalidation $190.61

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

Trend strength is moderate

14.2 / 19.4 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$149.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$184.32 / $220.2Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

31.2Bearish
MACD (12,26,9)

Histogram is negative

-0.831Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 17.4Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-261.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$6.31 (3.74%)Range
Bollinger Bands (20,2)

Width 15.08%

-18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$200.52 / $172.84Range
ATR channel lower / upper

Current Volatility Envelope

$162.33 / $174.95Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.1Range
OBV slope

20-period OBV slope

-5.10%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.64Range
Support

Nearest Downside Decision Level

$168.63Range

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