US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

12 hoursBullish76%
12h Upside probability 76%Bullish

MGM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $35.38 and reclaim $51.59.

Invalidation Trigger

Lose $35.38 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 60.7, MACD -0.379

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.16 (2.47%)

12h

EMA Structure

Bullish
EMA 8$47.09Bearish
EMA 21$45.79Bullish
EMA 50$42.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD -0.379

Momentum is strong

Strength
Bullish
Volatility
ATR $1.16 · BB 16.98%

Medium volatility

Strength
Range
Volume
MFI 35.0 · OBV 67.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$35.38 - $51.59

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.21% · 5.0 ATR above latest close

$52.75
Nearest resistance

+9.74% · 4.0 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$47.01
Nearest support

-24.74% · 10.0 ATR below · 34-bar low

$35.38
Deeper support zone

-27.21% · 11.0 ATR below latest close

$34.22
ATR zone

Latest close ± ATR14

$45.85 - $48.17

Indicators

Trend

Dow Theory Structure

Confirmation $49.8, invalidation $46.21

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

Trend strength is active

57.6 / 19.4 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$43.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.75 / $43.49Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Volatility

ATR (14)

Medium volatility

$1.16 (2.47%)Range
Bollinger Bands (20,2)

Width 16.98%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.29 / $43.54Range
ATR channel lower / upper

Current Volatility Envelope

$45.85 / $48.17Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$35.38Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is negative

-0.379Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.1 / 17.7Bullish
Williams %R (14)

Neutral zone

-76.9Range
CCI (20)

Balanced zone

1.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

67.11%Bullish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Trend

Dow Theory Structure

Confirmation $49.8, invalidation $46.21

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

Trend strength is active

57.6 / 19.4 / 24.5Bearish
Supertrend (10,3)

Price is above Supertrend

$43.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.75 / $43.49Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is negative

-0.379Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.1 / 17.7Bullish
Williams %R (14)

Neutral zone

-76.9Range
CCI (20)

Balanced zone

1.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$1.16 (2.47%)Range
Bollinger Bands (20,2)

Width 16.98%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.29 / $43.54Range
ATR channel lower / upper

Current Volatility Envelope

$45.85 / $48.17Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

67.11%Bullish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$35.38Range

Related Forecasts