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 $47.01 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

1h
Momentum StateBearish
Momentum soft

RSI 39.9, MACD -0.101

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2438 (0.52%)

1h

EMA Structure

Bearish
EMA 8$46.77Bearish
EMA 21$47.01Bearish
EMA 50$47.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD -0.101

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2438 · BB 3.81%

Low volatility

Strength
Bullish
Volume
MFI 42.4 · OBV -4.19%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$46.44 - $48.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.63% · 10.7 ATR above latest close

$49.11
Nearest resistance

+5.11% · 9.7 ATR above · 34-bar high

$48.87
Current price

Price shown is delayed

$46.5
Nearest support

-0.12% · 0.2 ATR below · 34-bar low

$46.44
Deeper support zone

-0.65% · 1.2 ATR below latest close

$46.2
ATR zone

Latest close ± ATR14

$46.25 - $46.74

Indicators

Trend

Dow Theory Structure

Confirmation $47.39, invalidation $47.07

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

Trend strength is active

38.3 / 18.6 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$45.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.31 / $47.51Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$0.2438 (0.52%)Bullish
Bollinger Bands (20,2)

Width 3.81%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.44 / $46.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.25 / $46.74Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.87Range
Support

Nearest Downside Decision Level

$46.44Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 4.6Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-123.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

-4.19%Bearish
Volume ratio

Relative to 20-period average volume

3.37xBullish

Trend

Dow Theory Structure

Confirmation $47.39, invalidation $47.07

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

Trend strength is active

38.3 / 18.6 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$45.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.31 / $47.51Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 4.6Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-123.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$0.2438 (0.52%)Bullish
Bollinger Bands (20,2)

Width 3.81%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.44 / $46.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.25 / $46.74Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

-4.19%Bearish
Volume ratio

Relative to 20-period average volume

3.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.87Range
Support

Nearest Downside Decision Level

$46.44Range

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