US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 dayBearish77%
Daily Downside probability 77%Bearish

MGM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $35.47 and stabilize above resistance $44.31.

Invalidation Trigger

Break above $44.31 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 12.2, MACD -0.535

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.27 (4.16%)

Daily

EMA Structure

Bearish
EMA 8$32.06Bearish
EMA 21$35.47Bearish
EMA 50$39.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 12.2 · MACD -0.535

Momentum is weak

Strength
Bearish
Volatility
ATR $1.27 · BB 43.33%

Medium volatility

Strength
Range
Volume
MFI 5.6 · OBV -56.92%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$29.92 - $44.31

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+49.52% · 11.9 ATR above latest close

$45.57
Nearest resistance

+45.36% · 10.9 ATR above · 34-bar high

$44.31
Current price

Price shown is delayed

$30.48
Nearest support

-1.84% · 0.4 ATR below · 34-bar low

$29.92
Deeper support zone

-6% · 1.4 ATR below latest close

$28.65
ATR zone

Latest close ± ATR14

$29.21 - $31.75

Indicators

Trend

Dow Theory Structure

Confirmation $37.5, invalidation $39.43

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

Trend strength is active

70.2 / 6.6 / 57.5Bearish
Supertrend (10,3)

Price is above Supertrend

$25.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.57 / $38.26Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Medium volatility

$1.27 (4.16%)Range
Bollinger Bands (20,2)

Width 43.33%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38.18 / $32.35Range
ATR channel lower / upper

Current Volatility Envelope

$29.21 / $31.75Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.31Range
Support

Nearest Downside Decision Level

$29.92Range

Momentum

RSI (14)

Momentum is weak

12.2Bearish
MACD (12,26,9)

Histogram is negative

-0.535Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.9 / 4.8Bullish
Williams %R (14)

Oversold zone

-94.1Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

5.6Bearish
OBV slope

20-period OBV slope

-56.92%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $37.5, invalidation $39.43

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

Trend strength is active

70.2 / 6.6 / 57.5Bearish
Supertrend (10,3)

Price is above Supertrend

$25.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.57 / $38.26Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

12.2Bearish
MACD (12,26,9)

Histogram is negative

-0.535Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.9 / 4.8Bullish
Williams %R (14)

Oversold zone

-94.1Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Medium volatility

$1.27 (4.16%)Range
Bollinger Bands (20,2)

Width 43.33%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38.18 / $32.35Range
ATR channel lower / upper

Current Volatility Envelope

$29.21 / $31.75Range

Volume / Money Flow

MFI (14)

Money flow is weak

5.6Bearish
OBV slope

20-period OBV slope

-56.92%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.31Range
Support

Nearest Downside Decision Level

$29.92Range

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