US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

12 hoursBearish79%
12h Downside probability 79%Bearish

MGM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $45.57 and stabilize above resistance $48.87.

Invalidation Trigger

Break above $48.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 38.7, MACD -0.085

12h
Volatility EnvironmentRange
Low volatility

ATR is $0.9567 (2.15%)

12h

EMA Structure

Bearish
EMA 8$45.05Bearish
EMA 21$45.57Bearish
EMA 50$45.86Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -0.085

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9567 · BB 5.22%

Low volatility

Strength
Range
Volume
MFI 34.8 · OBV -14.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$43.53 - $48.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.97% · 5.6 ATR above latest close

$49.83
Nearest resistance

+9.82% · 4.6 ATR above · 34-bar high

$48.87
Current price

Price shown is delayed

$44.5
Nearest support

-2.18% · 1.0 ATR below · 34-bar low

$43.53
Deeper support zone

-4.33% · 2.0 ATR below latest close

$42.57
ATR zone

Latest close ± ATR14

$43.54 - $45.46

Indicators

Trend

Dow Theory Structure

Confirmation $47.2, invalidation $44.84

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 16.3 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$41.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.37 / $47.12Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$0.9567 (2.15%)Range
Bollinger Bands (20,2)

Width 5.22%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.42 / $43.66Range
ATR channel lower / upper

Current Volatility Envelope

$43.54 / $45.46Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.87Range
Support

Nearest Downside Decision Level

$43.53Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.085Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.4 / 24.0Bullish
Williams %R (14)

Neutral zone

-73.6Range
CCI (20)

Weak expansion

-173.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-14.40%Bearish
Volume ratio

Relative to 20-period average volume

2.84xBullish

Trend

Dow Theory Structure

Confirmation $47.2, invalidation $44.84

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 16.3 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$41.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.37 / $47.12Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.085Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.4 / 24.0Bullish
Williams %R (14)

Neutral zone

-73.6Range
CCI (20)

Weak expansion

-173.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.9567 (2.15%)Range
Bollinger Bands (20,2)

Width 5.22%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.42 / $43.66Range
ATR channel lower / upper

Current Volatility Envelope

$43.54 / $45.46Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-14.40%Bearish
Volume ratio

Relative to 20-period average volume

2.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.87Range
Support

Nearest Downside Decision Level

$43.53Range

Related Forecasts