US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

MGM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $44.36 and stabilize above resistance $48.25.

Invalidation Trigger

Break above $48.25 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 40.7, MACD -0.036

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.7958 (1.82%)

Daily

EMA Structure

Bearish
EMA 8$43.72Bullish
EMA 21$44.36Bearish
EMA 50$44.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.7 · MACD -0.036

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7958 · BB 7.68%

Low volatility

Strength
Range
Volume
MFI 33.6 · OBV -11.30%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$42.17 - $48.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.14% · 6.7 ATR above latest close

$49.05
Nearest resistance

+10.32% · 5.7 ATR above · 34-bar high

$48.25
Current price

Price shown is delayed

$43.74
Nearest support

-3.59% · 2.0 ATR below · 34-bar low

$42.17
Deeper support zone

-5.41% · 3.0 ATR below latest close

$41.37
ATR zone

Latest close ± ATR14

$42.94 - $44.54

Indicators

Trend

Dow Theory Structure

Confirmation $43.29, invalidation $44.42

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

Trend strength is active

26.6 / 10.8 / 22.3Bearish
Supertrend (10,3)

Price is above Supertrend

$41.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.84 / $46.36Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Volatility

ATR (14)

Low volatility

$0.7958 (1.82%)Range
Bollinger Bands (20,2)

Width 7.68%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.8 / $42.83Range
ATR channel lower / upper

Current Volatility Envelope

$42.94 / $44.54Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.25Range
Support

Nearest Downside Decision Level

$42.17Range

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.036Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 32.1Bullish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-80.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.6Bearish
OBV slope

20-period OBV slope

-11.30%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $43.29, invalidation $44.42

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

Trend strength is active

26.6 / 10.8 / 22.3Bearish
Supertrend (10,3)

Price is above Supertrend

$41.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.84 / $46.36Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.036Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 32.1Bullish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-80.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.7958 (1.82%)Range
Bollinger Bands (20,2)

Width 7.68%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.8 / $42.83Range
ATR channel lower / upper

Current Volatility Envelope

$42.94 / $44.54Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.6Bearish
OBV slope

20-period OBV slope

-11.30%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.25Range
Support

Nearest Downside Decision Level

$42.17Range

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