US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 dayBearish80%
Daily Downside probability 80%Bearish

MGM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $30.74 and stabilize above resistance $41.36.

Invalidation Trigger

Break above $41.36 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 25.9, MACD 0.315

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $0.8900 (3.17%)

Daily

EMA Structure

Bearish
EMA 8$28.94Bearish
EMA 21$30.74Bearish
EMA 50$34.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 25.9 · MACD 0.315

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8900 · BB 14.41%

Medium volatility

Strength
Range
Volume
MFI 37.4 · OBV -12.72%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.69 - $41.36

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+50.41% · 15.9 ATR above latest close

$42.25
Nearest resistance

+47.24% · 14.9 ATR above · 34-bar high

$41.36
Current price

Price shown is delayed

$28.09
Nearest support

-1.44% · 0.5 ATR below · 34-bar low

$27.69
Deeper support zone

-4.61% · 1.5 ATR below latest close

$26.79
ATR zone

Latest close ± ATR14

$27.2 - $28.98

Indicators

Trend

Dow Theory Structure

Confirmation $28.09, invalidation $29.81

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

Trend strength is active

62.2 / 16.4 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$25.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.15 / $36.05Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$0.8900 (3.17%)Range
Bollinger Bands (20,2)

Width 14.41%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.35 / $28.79Range
ATR channel lower / upper

Current Volatility Envelope

$27.2 / $28.98Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.36Range
Support

Nearest Downside Decision Level

$27.69Range

Momentum

RSI (14)

Momentum is weak

25.9Bearish
MACD (12,26,9)

Histogram is positive

0.315Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.2 / 29.1Bearish
Williams %R (14)

Oversold zone

-87.8Bullish
CCI (20)

Weak expansion

-100.7Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

-12.72%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $28.09, invalidation $29.81

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

Trend strength is active

62.2 / 16.4 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$25.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.15 / $36.05Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

25.9Bearish
MACD (12,26,9)

Histogram is positive

0.315Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.2 / 29.1Bearish
Williams %R (14)

Oversold zone

-87.8Bullish
CCI (20)

Weak expansion

-100.7Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$0.8900 (3.17%)Range
Bollinger Bands (20,2)

Width 14.41%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.35 / $28.79Range
ATR channel lower / upper

Current Volatility Envelope

$27.2 / $28.98Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

-12.72%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.36Range
Support

Nearest Downside Decision Level

$27.69Range

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