US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 monthBullish90%
Monthly Upside probability 90%Bullish

MGM 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $25.3 and reclaim $51.59.

Invalidation Trigger

Lose $25.3 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 51.5, MACD 0.847

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.4 (13.55%)

Monthly

EMA Structure

Bullish
EMA 8$41.04Bearish
EMA 21$39.04Bullish
EMA 50$37.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.5 · MACD 0.847

Neutral zone

Strength
Bullish
Volatility
ATR $5.4 · BB 50.34%

High volatility

Strength
Bearish
Volume
MFI 58.4 · OBV 153.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$25.3 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+42.88% · 3.2 ATR above latest close

$56.99
Nearest resistance

+29.33% · 2.2 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$39.89
Nearest support

-36.58% · 2.7 ATR below · 34-bar low

$25.3
Deeper support zone

-50.12% · 3.7 ATR below latest close

$19.9
ATR zone

Latest close ± ATR14

$34.49 - $45.29

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

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

Trend strength is moderate

15.0 / 25.2 / 18.4Bullish
Supertrend (10,3)

Price is above Supertrend

$25.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.16 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$5.4 (13.55%)Bearish
Bollinger Bands (20,2)

Width 50.34%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$49.57 / $28.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.49 / $45.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is positive

0.847Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.8 / 58.0Bearish
Williams %R (14)

Neutral zone

-52.2Range
CCI (20)

Balanced zone

66.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

153.63%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $29.19

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

Trend strength is moderate

15.0 / 25.2 / 18.4Bullish
Supertrend (10,3)

Price is above Supertrend

$25.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.16 / $38.45Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is positive

0.847Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.8 / 58.0Bearish
Williams %R (14)

Neutral zone

-52.2Range
CCI (20)

Balanced zone

66.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$5.4 (13.55%)Bearish
Bollinger Bands (20,2)

Width 50.34%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$49.57 / $28.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.49 / $45.29Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

153.63%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$25.3Range

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