US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

MGM 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $41.97 and stabilize above resistance $46.59.

Invalidation Trigger

Break above $46.59 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 25.1, MACD -0.150

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $0.9136 (2.29%)

Daily

EMA Structure

Bearish
EMA 8$40.73Bearish
EMA 21$41.97Bearish
EMA 50$43.19Bearish

Signals

CategoryReadStrength
Momentum
RSI 25.1 · MACD -0.150

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9136 · BB 12.80%

Medium volatility

Strength
Range
Volume
MFI 23.0 · OBV -15.35%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$39.89 - $46.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.09% · 8.3 ATR above latest close

$47.5
Nearest resistance

+16.8% · 7.3 ATR above · 34-bar high

$46.59
Current price

Price shown is delayed

$39.89
Nearest support

+0% · 0.0 ATR below · 34-bar low

$39.89
Deeper support zone

-2.29% · 1.0 ATR below latest close

$38.98
ATR zone

Latest close ± ATR14

$38.98 - $40.8

Indicators

Trend

Dow Theory Structure

Confirmation $40.61, invalidation $44.31

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

Trend strength is active

48.7 / 6.6 / 37.8Bearish
Supertrend (10,3)

Price is above Supertrend

$37.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.69 / $44.07Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Medium volatility

$0.9136 (2.29%)Range
Bollinger Bands (20,2)

Width 12.80%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.77 / $40.02Range
ATR channel lower / upper

Current Volatility Envelope

$38.98 / $40.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.59Range
Support

Nearest Downside Decision Level

$39.89Range

Momentum

RSI (14)

Momentum is weak

25.1Bearish
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.8Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-104.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-15.35%Bearish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Trend

Dow Theory Structure

Confirmation $40.61, invalidation $44.31

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

Trend strength is active

48.7 / 6.6 / 37.8Bearish
Supertrend (10,3)

Price is above Supertrend

$37.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.69 / $44.07Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

25.1Bearish
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.8Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-104.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$0.9136 (2.29%)Range
Bollinger Bands (20,2)

Width 12.80%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.77 / $40.02Range
ATR channel lower / upper

Current Volatility Envelope

$38.98 / $40.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-15.35%Bearish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.59Range
Support

Nearest Downside Decision Level

$39.89Range

Related Forecasts