US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

MGM 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $40.53 and stabilize above resistance $41.23.

Invalidation Trigger

Break above $41.23 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 35.0, MACD -0.068

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2336 (0.58%)

1h

EMA Structure

Bearish
EMA 8$40.32Bearish
EMA 21$40.53Bearish
EMA 50$40.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.0 · MACD -0.068

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2336 · BB 2.95%

Low volatility

Strength
Bullish
Volume
MFI 9.9 · OBV -5.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$39.89 - $41.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.79% · 6.5 ATR above latest close

$41.46
Nearest resistance

+3.2% · 5.5 ATR above · 34-bar high

$41.23
Current price

Price shown is delayed

$39.95
Nearest support

-0.15% · 0.3 ATR below · 34-bar low

$39.89
Deeper support zone

-0.73% · 1.3 ATR below latest close

$39.66
ATR zone

Latest close ± ATR14

$39.72 - $40.18

Indicators

Trend

Dow Theory Structure

Confirmation $40.27, invalidation $40.61

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

Trend strength is active

30.3 / 11.2 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$39.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.55 / $40.73Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.2336 (0.58%)Bullish
Bollinger Bands (20,2)

Width 2.95%

-7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$41.12 / $39.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.72 / $40.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.23Range
Support

Nearest Downside Decision Level

$39.89Range

Momentum

RSI (14)

Momentum is weak

35.0Bearish
MACD (12,26,9)

Histogram is negative

-0.068Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 3.1Bullish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-203.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.9Bearish
OBV slope

20-period OBV slope

-5.60%Bearish
Volume ratio

Relative to 20-period average volume

6.07xBullish

Trend

Dow Theory Structure

Confirmation $40.27, invalidation $40.61

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

Trend strength is active

30.3 / 11.2 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$39.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.55 / $40.73Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

35.0Bearish
MACD (12,26,9)

Histogram is negative

-0.068Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.6 / 3.1Bullish
Williams %R (14)

Oversold zone

-95.4Bullish
CCI (20)

Weak expansion

-203.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.2336 (0.58%)Bullish
Bollinger Bands (20,2)

Width 2.95%

-7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$41.12 / $39.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.72 / $40.18Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.9Bearish
OBV slope

20-period OBV slope

-5.60%Bearish
Volume ratio

Relative to 20-period average volume

6.07xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.23Range
Support

Nearest Downside Decision Level

$39.89Range

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