US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 dayBearish57%
Daily Downside probability 57%Bearish

MGM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $46.76 and stabilize above resistance $51.59.

Invalidation Trigger

Break above $51.59 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 50.8, MACD -0.376

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.21 (2.6%)

Daily

EMA Structure

Bullish
EMA 8$46.94Bearish
EMA 21$46.76Bearish
EMA 50$44.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -0.376

Neutral zone

Strength
Bearish
Volatility
ATR $1.21 · BB 7.47%

Medium volatility

Strength
Range
Volume
MFI 47.4 · OBV -14.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$37.91 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.55% · 5.2 ATR above latest close

$52.8
Nearest resistance

+10.96% · 4.2 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$46.5
Nearest support

-18.47% · 7.1 ATR below · 34-bar low

$37.91
Deeper support zone

-21.06% · 8.1 ATR below latest close

$36.7
ATR zone

Latest close ± ATR14

$45.29 - $47.7

Indicators

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $46.09

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

15.8 / 29.3 / 20.1Bullish
Supertrend (10,3)

Price is above Supertrend

$43.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.75 / $43.45Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Volatility

ATR (14)

Medium volatility

$1.21 (2.6%)Range
Bollinger Bands (20,2)

Width 7.47%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.86 / $44.77Range
ATR channel lower / upper

Current Volatility Envelope

$45.29 / $47.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$37.91Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.376Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.1 / 18.5Bearish
Williams %R (14)

Oversold zone

-90.9Bullish
CCI (20)

Balanced zone

-64.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-14.38%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $46.09

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

15.8 / 29.3 / 20.1Bullish
Supertrend (10,3)

Price is above Supertrend

$43.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.75 / $43.45Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.376Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.1 / 18.5Bearish
Williams %R (14)

Oversold zone

-90.9Bullish
CCI (20)

Balanced zone

-64.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$1.21 (2.6%)Range
Bollinger Bands (20,2)

Width 7.47%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.86 / $44.77Range
ATR channel lower / upper

Current Volatility Envelope

$45.29 / $47.7Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-14.38%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$37.91Range

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