Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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GLW · Corning Incorporated

$127.74 +3.27% Oct 26 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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$GLW

Corning Incorporated

Corning Incorporated is a large-cap Electronic Components company in the Electronic Technology sector with a market cap of $110B.

Electronic Technology Electronic Components stock Stage 1 · Basing Base 2
$127.74 latest close
Market Structure
Trend structure: uptrend
Latest event: structure_shift (bullish)
Resistance 169.80–171.30 · 4 touches · moderate
Momentum Turn Watch
Bollinger Lower-Band Support Price ($127.74) is holding just above the lower Bollinger band ($116.96; %B 19) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $GLW. Every level, score and criterion below is computed from the Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 0/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$140$160$180AugSepOct$128

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $127.74, MA150 $165.90, MA200 $154.87
  • Minervini 1.4 50-day MA > 150-day MA AND 200-day MA — MA50 $150.45, MA150 $165.90, MA200 $154.87
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — -2.8% QoQ
  • O'Neil A: Annual earnings & revenue quality — Rev +19.1% | ROE 15.7%
  • Weinstein Stage 2 (Advancing phase) confirmed — Stage 1 (Basing)
  • Weinstein Price above 30-week MA (200-day proxy) — Price $127.74 vs MA200 $154.87
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: avoid Stage-analysis read: basing (Stage 1) is not an advancing Stage 2.
59 Neutral
Legend Score · rates the stock Neutral (59/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 84
  • Trend Template (25%) 62
  • Institutional Footprint (20%) 58
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 44

RS rank 83: beating most of the market. Trend template 5/8: mixed — some uptrend elements, some missing. Institutional score 58: neutral — no clear institutional conviction. EPS -0% last quarter — no earnings momentum. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-12.

Earnings

Post-earnings setup

Next earnings Tuesday, October 27, 2026 Before market open Exact clock time not supplied by source

Deterministic evidence

GLW+3.27%
Sector proxy · XLK+1.69%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. GLW was +1.58 points vs XLK. +2.56 points vs SPY.
CatalystUnavailable Stock reactionPositive Sector reactionSupportive Opening surge— Event riskEarnings-driven

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+3.27% From the open+2.79% Range position86% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $127.74 +3.3% Oct 26 close
52W High $271.78 42.4% below high
Wks Since High 14w 16w today
Base Depth 51.5% 57.9% today
RS Rank 65 percentile of scan
SMA 50 $150.45
Avg Vol 8,557,276
Rel Vol (Oct 26) 1.61× 1.00× on up days
More stats
52W Low $77.39
Tight Wks 0
Base B2
SMA 200 $154.87
RS Line vs High -41.7%
RS Line Slope +6.6% ▲
ADR% 4.7%
ATR(14) $7.90 (6.2%)
Vol Pace (live) N/A
A/D Days 14A / 15D
A/D Rating D
VDU Bars 0/10 d
Earnings TODAY
Position in 52-week range 26thpercentile of the 52-week range
$77.39low
$271.78high

GLW Chart

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Technical Analysis Report Card

$GLW · $127.74 · as of 2026-10-26 · multi-factor read
13
/ 100
Technicals 13/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▼ Downtrend
Weekly ▼ Downtrend
Monthly ▼ Downtrend

Moving Averages

50-day$150.45 ↓
100-day$163.46 ↓
200-day$154.87 ↓
Death Cross (fresh)

RSI (14)

Reading36.9 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-2.476

Bearish — MACD below its signal line and below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width19% · 39.8%

Near the lower band — under pressure or oversold.

Volume · Buyer vs Seller

Up/Down vol1.0 · Neutral
Rel volume1.61×
Pocket pivots · 10d1
5d vs 50d vol119%
Heavy vol up / down1 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

  • Pocket pivot today — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume up day vs 0 down in the last 20 sessions.

Support & Resistance

R · $157.57swing level
R · $170.92swing level
R · $176.84swing level
Price · $127.74now
S · $114.50swing level
S · $77.3952-week low

Fibonacci · Downtrend swing

23.6%$151.62
38.2%$174.58
50.0%$193.14
61.8%$211.70
78.6%$238.12

Retracement resistance zones measured from the recent swing high down to the low.

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Daily downtrendWeekly downtrendMonthly downtrendBelow 200-day MA50/200 bearishRS 83 (leader)
Want this read in a legend's voice? Ask a Legend about GLW
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (0/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 5 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid D Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $165.90 vs MA200 $154.87
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 83
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $127.74, MA150 $165.90, MA200 $154.87
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $150.45, MA150 $165.90, MA200 $154.87
3/11 checks
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 83
S: Volume ≥ 40% above average on breakoutMeasured as passing
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-2.8% QoQ
A: Annual earnings & revenue qualityRev +19.1% | ROE 15.7%
2/8 checks
Weinstein Avoid D Stage-analysis read: basing (Stage 1) is not an advancing Stage 2.
Passing evidence
Volume expansion above averageVolume ratio 1.61x
Relative strength ≥ 60RS 83
Failing evidence
Stage 2 (Advancing phase) confirmedStage 1 (Basing)
Price above 30-week MA (200-day proxy)Price $127.74 vs MA200 $154.87
2/6 checks
dennis Watch B Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $121.80
Volatility-unit sizing (1N ≈ 1% of equity)1N = $8.19 (6.41% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
6/8 checks
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $146.90-$153.29; trail the rest
Trail on the 10/20-day MA10-day MA $133.52 · 20-day MA $146.03 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlywatchlist_candidate is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
4/6 checks
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 83 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.18 (2050 adv / 1742 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)-2.8% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 69.8x — no PEG or forward P/E stored
3/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$127.74
Relative strengthRS 83
Failing evidence
Distance from 52-week high53.0% below high
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$127.74
Relative strengthRS 83
Failing evidence
Distance from 52-week high53.0% below high
Box top broken on heavy volumeNot confirmed
4/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$127.74
Relative strengthRS 83
Failing evidence
Distance from 52-week high53.0% below high
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
128RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +4 D
A: 15 D: 11 Net: +465 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ -3%
✗ Revenue growth ≥20% YoY +19%
✓ Gross margin ≥30% 36%
✗ ROE ≥17% 16%
✓ RS rating ≥80 (leadership) 83
✗ Stage 2 uptrend (Weinstein) Stage 1
✗ Within 25% of 52W high -53.0%

Method Playbook

Trade it like Weinstein EXACT LEVELS · PRO
Weinstein D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

0 setup score
RS Score 83
Trend template 4/8
Why This Setup?
watchlist_candidate · schematic

Near-miss 5/8 — needs: price above sma150 200, sma50 above sma150 200, price within 25pct of 52w high

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • Clear of earnings — not met in 0 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • A relative-strength leader — partly met RS rank 65 — middling
  • Asymmetric reward — partly met No target set
  • In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — met 0.8× average
Why these seven? → The Universal Edge

Minervini Trend Template

4/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $127.74 vs SMA150 $165.90 / SMA200 $154.87
SMA 150 above SMA 200 SMA150 $165.90 vs SMA200 $154.87
SMA 200 trending up Slope +5.72 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $150.45
Price above SMA 50 $127.74 vs SMA50 $150.45
30%+ above 52-week low +65.1% from $77.39
Within 25% of 52-week high -53.0% from $271.78
RS score above 70 RS 83

Fundamentals

52W Range
26%
Mkt Cap SEC
110.0B
EPS QoQ
-3%
Rev YoY
+19%
ROE
16%
Gross Margin
36%
D/E
0.71
EPS TTM
$1.83
P/E TTM
69.8x
Float
861M
Insider
No Buy

Company

Company profile
Corning Incorporated
GLW · NYSE · Electronic Technology · Electronic Components

Scan History

Oct 07: 79 (Pocket Pivot)Oct 08: 55 (Pocket Pivot)Oct 09: 55 (Partial Move)Oct 10: 0 (watchlist_candidate)Oct 12: 0 (watchlist_candidate)0
Oct 12
watchlist_candidate
0
Oct 10
watchlist_candidate
0 -13.3%
Oct 09
Partial Move
55 -18.5%
Oct 08
Pocket Pivot
55 -16.4%
Oct 07
Pocket Pivot ✓ Gate
79 -21.8%

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