US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

MGM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $30.56 and reclaim $51.59.

Invalidation Trigger

Lose $30.56 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 67.5, MACD 1.043

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.33 (7.11%)

Weekly

EMA Structure

Bullish
EMA 8$44.4Bullish
EMA 21$40.7Bullish
EMA 50$38.04Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.5 · MACD 1.043

Momentum is strong

Strength
Bullish
Volatility
ATR $3.33 · BB 45.01%

High volatility

Strength
Bearish
Volume
MFI 61.7 · OBV 241.99%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$30.56 - $51.59

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.08% · 2.4 ATR above latest close

$54.92
Nearest resistance

+9.98% · 1.4 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$46.91
Nearest support

-34.85% · 4.9 ATR below · 34-bar low

$30.56
Deeper support zone

-41.96% · 5.9 ATR below latest close

$27.23
ATR zone

Latest close ± ATR14

$43.58 - $50.24

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $35.38

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

Trend strength is active

42.0 / 36.1 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$36.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.68 / $40.49Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$3.33 (7.11%)Bearish
Bollinger Bands (20,2)

Width 45.01%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.84 / $33.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$43.58 / $50.24Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$30.56Range

Momentum

RSI (14)

Momentum is strong

67.5Bullish
MACD (12,26,9)

Histogram is positive

1.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.2 / 75.9Bearish
Williams %R (14)

Neutral zone

-28.8Range
CCI (20)

Strong expansion

134.3Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

241.99%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $35.38

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

Trend strength is active

42.0 / 36.1 / 9.8Bullish
Supertrend (10,3)

Price is above Supertrend

$36.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.68 / $40.49Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

67.5Bullish
MACD (12,26,9)

Histogram is positive

1.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.2 / 75.9Bearish
Williams %R (14)

Neutral zone

-28.8Range
CCI (20)

Strong expansion

134.3Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$3.33 (7.11%)Bearish
Bollinger Bands (20,2)

Width 45.01%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.84 / $33.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$43.58 / $50.24Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

241.99%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$30.56Range

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