US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 hourBearish84%
1h Downside probability 84%Bearish

MGM 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $28.64 and stabilize above resistance $29.71.

Invalidation Trigger

Break above $29.71 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.9, MACD -0.140

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3583 (1.28%)

1h

EMA Structure

Bearish
EMA 8$28.27Bearish
EMA 21$28.64Bearish
EMA 50$28.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.9 · MACD -0.140

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3583 · BB 8.20%

Low volatility

Strength
Bullish
Volume
MFI 28.1 · OBV -5.28%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.69 - $29.71

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.02% · 5.5 ATR above latest close

$30.06
Nearest resistance

+5.75% · 4.5 ATR above · 34-bar high

$29.71
Current price

Price shown is delayed

$28.09
Nearest support

-1.44% · 1.1 ATR below · 34-bar low

$27.69
Deeper support zone

-2.72% · 2.1 ATR below latest close

$27.33
ATR zone

Latest close ± ATR14

$27.73 - $28.45

Indicators

Trend

Dow Theory Structure

Confirmation $28.91, invalidation $29.6

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

Trend strength is active

28.1 / 22.6 / 47.0Bearish
Supertrend (10,3)

Price is above Supertrend

$27.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.64 / $28.7Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$0.3583 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.20%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.34 / $27.91Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.73 / $28.45Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.71Range
Support

Nearest Downside Decision Level

$27.69Range

Momentum

RSI (14)

Momentum is weak

37.9Bearish
MACD (12,26,9)

Histogram is negative

-0.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 11.8Bullish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-108.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.1Bearish
OBV slope

20-period OBV slope

-5.28%Bearish
Volume ratio

Relative to 20-period average volume

3.49xBullish

Trend

Dow Theory Structure

Confirmation $28.91, invalidation $29.6

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

Trend strength is active

28.1 / 22.6 / 47.0Bearish
Supertrend (10,3)

Price is above Supertrend

$27.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.64 / $28.7Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

37.9Bearish
MACD (12,26,9)

Histogram is negative

-0.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 11.8Bullish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-108.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Low volatility

$0.3583 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.20%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.34 / $27.91Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.73 / $28.45Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.1Bearish
OBV slope

20-period OBV slope

-5.28%Bearish
Volume ratio

Relative to 20-period average volume

3.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.71Range
Support

Nearest Downside Decision Level

$27.69Range

Related Forecasts