US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 weekRange49%
Weekly Range probability 98%Range

MGM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $32.14 - $51.59 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.4, MACD -0.924

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.24 (5.6%)

Weekly

EMA Structure

Bullish
EMA 8$42.72Bearish
EMA 21$42.61Bearish
EMA 50$40.18Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.4 · MACD -0.924

Momentum is weak

Strength
Bearish
Volatility
ATR $2.24 · BB 33.10%

High volatility

Strength
Bearish
Volume
MFI 11.1 · OBV 2.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$32.14 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+34.93% · 6.2 ATR above latest close

$53.83
Nearest resistance

+29.33% · 5.2 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$39.89
Nearest support

-19.43% · 3.5 ATR below · 34-bar low

$32.14
Deeper support zone

-25.03% · 4.5 ATR below latest close

$29.9
ATR zone

Latest close ± ATR14

$37.65 - $42.13

Indicators

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

46.8 / 7.6 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$35.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.73 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Volatility

ATR (14)

High volatility

$2.24 (5.6%)Bearish
Bollinger Bands (20,2)

Width 33.10%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.31 / $39.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.65 / $42.13Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$32.14Range

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.924Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 12.5Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-71.9Range
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

11.1Bearish
OBV slope

20-period OBV slope

2.29%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

46.8 / 7.6 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$35.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.73 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.924Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 12.5Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-71.9Range
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

High volatility

$2.24 (5.6%)Bearish
Bollinger Bands (20,2)

Width 33.10%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.31 / $39.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.65 / $42.13Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

11.1Bearish
OBV slope

20-period OBV slope

2.29%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$32.14Range

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