US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 monthBearish58%
Monthly Downside probability 58%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 $37.53 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 41.6, MACD -0.340

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.68 (18.64%)

Monthly

EMA Structure

Range
EMA 8$37.16Bearish
EMA 21$37.53Bearish
EMA 50$36.82Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.6 · MACD -0.340

Momentum is weak

Strength
Bearish
Volatility
ATR $5.68 · BB 54.51%

High volatility

Strength
Bearish
Volume
MFI 52.2 · OBV 129.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$25.3 - $51.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+87.9% · 4.7 ATR above latest close

$57.27
Nearest resistance

+69.26% · 3.7 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$30.48
Nearest support

-16.99% · 0.9 ATR below · 34-bar low

$25.3
Deeper support zone

-35.63% · 1.9 ATR below latest close

$19.62
ATR zone

Latest close ± ATR14

$24.8 - $36.16

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

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

Trend strength is moderate

15.3 / 22.9 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$12.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.6 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

High volatility

$5.68 (18.64%)Bearish
Bollinger Bands (20,2)

Width 54.51%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.36 / $25.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$24.8 / $36.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.340Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 23.9Bearish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-108.1Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

129.94%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

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

Trend strength is moderate

15.3 / 22.9 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$12.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.6 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.340Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 23.9Bearish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-108.1Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$5.68 (18.64%)Bearish
Bollinger Bands (20,2)

Width 54.51%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.36 / $25.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$24.8 / $36.16Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.2Range
OBV slope

20-period OBV slope

129.94%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

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