US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 monthBearish57%
Monthly Downside probability 57%Bearish

MGM 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $37.31 and stabilize above resistance $51.59.

Invalidation Trigger

Break above $51.59 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 39.5, MACD -0.494

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.84 (20.82%)

Monthly

EMA Structure

Range
EMA 8$36.63Bearish
EMA 21$37.31Bearish
EMA 50$36.73Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.5 · MACD -0.494

Momentum is weak

Strength
Bearish
Volatility
ATR $5.84 · BB 56.56%

High volatility

Strength
Bearish
Volume
MFI 50.3 · OBV 120.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$25.3 - $51.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+104.67% · 5.0 ATR above latest close

$57.43
Nearest resistance

+83.86% · 4.0 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$28.06
Nearest support

-9.84% · 0.5 ATR below · 34-bar low

$25.3
Deeper support zone

-30.65% · 1.5 ATR below latest close

$19.46
ATR zone

Latest close ± ATR14

$22.22 - $33.9

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

15.7 / 22.3 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$11.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.04 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

High volatility

$5.84 (20.82%)Bearish
Bollinger Bands (20,2)

Width 56.56%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.58 / $25.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.22 / $33.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is negative

-0.494Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.6 / 22.5Bearish
Williams %R (14)

Oversold zone

-98.4Bullish
CCI (20)

Weak expansion

-132.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

120.04%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

15.7 / 22.3 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$11.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.04 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is negative

-0.494Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.6 / 22.5Bearish
Williams %R (14)

Oversold zone

-98.4Bullish
CCI (20)

Weak expansion

-132.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$5.84 (20.82%)Bearish
Bollinger Bands (20,2)

Width 56.56%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.58 / $25.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.22 / $33.9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

120.04%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

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