US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

MGM 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $41.54 and stabilize above resistance $44.5.

Invalidation Trigger

Break above $44.5 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 30.1, MACD -0.033

12h
Volatility EnvironmentRange
Low volatility

ATR is $0.6433 (1.61%)

12h

EMA Structure

Bearish
EMA 8$40.72Bearish
EMA 21$41.54Bearish
EMA 50$42.85Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.1 · MACD -0.033

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6433 · BB 10.66%

Low volatility

Strength
Range
Volume
MFI 33.9 · OBV -33.88%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$39.89 - $44.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+13% · 8.1 ATR above latest close

$45.14
Nearest resistance

+11.39% · 7.1 ATR above · 34-bar high

$44.5
Current price

Price shown is delayed

$39.95
Nearest support

-0.15% · 0.1 ATR below · 34-bar low

$39.89
Deeper support zone

-1.76% · 1.1 ATR below latest close

$39.25
ATR zone

Latest close ± ATR14

$39.31 - $40.59

Indicators

Trend

Dow Theory Structure

Confirmation $40.05, invalidation $41.98

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

Trend strength is active

32.2 / 21.9 / 42.9Bearish
Supertrend (10,3)

Price is above Supertrend

$38.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.44 / $43.55Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

Low volatility

$0.6433 (1.61%)Range
Bollinger Bands (20,2)

Width 10.66%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.77 / $40.2Range
ATR channel lower / upper

Current Volatility Envelope

$39.31 / $40.59Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.5Range
Support

Nearest Downside Decision Level

$39.89Range

Momentum

RSI (14)

Momentum is weak

30.1Bearish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 15.5Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Balanced zone

-92.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.9Bearish
OBV slope

20-period OBV slope

-33.88%Bearish
Volume ratio

Relative to 20-period average volume

1.87xBullish

Trend

Dow Theory Structure

Confirmation $40.05, invalidation $41.98

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

Trend strength is active

32.2 / 21.9 / 42.9Bearish
Supertrend (10,3)

Price is above Supertrend

$38.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.44 / $43.55Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

30.1Bearish
MACD (12,26,9)

Histogram is negative

-0.033Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 15.5Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Balanced zone

-92.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.6433 (1.61%)Range
Bollinger Bands (20,2)

Width 10.66%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.77 / $40.2Range
ATR channel lower / upper

Current Volatility Envelope

$39.31 / $40.59Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.9Bearish
OBV slope

20-period OBV slope

-33.88%Bearish
Volume ratio

Relative to 20-period average volume

1.87xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.5Range
Support

Nearest Downside Decision Level

$39.89Range

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