US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

12 hoursBearish80%
12h Downside probability 80%Bearish

MGM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $33.6 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

12h
Momentum StateBearish
Momentum soft

RSI 21.0, MACD -0.060

12h
Volatility EnvironmentRange
Medium volatility

ATR is $0.7794 (2.55%)

12h

EMA Structure

Bearish
EMA 8$31.36Bearish
EMA 21$33.6Bearish
EMA 50$37.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 21.0 · MACD -0.060

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7794 · BB 33.62%

Medium volatility

Strength
Range
Volume
MFI 0.0 · OBV -600.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$30.05 - $41.36

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.02% · 14.9 ATR above latest close

$42.14
Nearest resistance

+35.47% · 13.9 ATR above · 34-bar high

$41.36
Current price

Price shown is delayed

$30.53
Nearest support

-1.59% · 0.6 ATR below · 34-bar low

$30.05
Deeper support zone

-4.14% · 1.6 ATR below latest close

$29.27
ATR zone

Latest close ± ATR14

$29.75 - $31.31

Indicators

Trend

Dow Theory Structure

Confirmation $32.47, invalidation $34.5

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

Trend strength is active

78.7 / 0.0 / 47.3Bearish
Supertrend (10,3)

Price is above Supertrend

$28.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.26 / $37.18Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Medium volatility

$0.7794 (2.55%)Range
Bollinger Bands (20,2)

Width 33.62%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.72 / $32.15Range
ATR channel lower / upper

Current Volatility Envelope

$29.75 / $31.31Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.36Range
Support

Nearest Downside Decision Level

$30.05Range

Momentum

RSI (14)

Momentum is weak

21.0Bearish
MACD (12,26,9)

Histogram is negative

-0.060Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.3 / 7.7Bullish
Williams %R (14)

Oversold zone

-89.7Bullish
CCI (20)

Balanced zone

-92.7Range
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

0.0Bearish
OBV slope

20-period OBV slope

-600.53%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $32.47, invalidation $34.5

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

Trend strength is active

78.7 / 0.0 / 47.3Bearish
Supertrend (10,3)

Price is above Supertrend

$28.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$33.26 / $37.18Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

21.0Bearish
MACD (12,26,9)

Histogram is negative

-0.060Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.3 / 7.7Bullish
Williams %R (14)

Oversold zone

-89.7Bullish
CCI (20)

Balanced zone

-92.7Range
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

Medium volatility

$0.7794 (2.55%)Range
Bollinger Bands (20,2)

Width 33.62%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$34.72 / $32.15Range
ATR channel lower / upper

Current Volatility Envelope

$29.75 / $31.31Range

Volume / Money Flow

MFI (14)

Money flow is weak

0.0Bearish
OBV slope

20-period OBV slope

-600.53%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.36Range
Support

Nearest Downside Decision Level

$30.05Range

Related Forecasts