US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 weekBearish75%
Weekly Downside probability 75%Bearish

MGM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $37.4 and stabilize above resistance $51.59.

Invalidation Trigger

Break above $51.59 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 23.8, MACD -2.081

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.3 (8.18%)

Weekly

EMA Structure

Bearish
EMA 8$32.8Bearish
EMA 21$37.4Bearish
EMA 50$38.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 23.8 · MACD -2.081

Momentum is weak

Strength
Bearish
Volatility
ATR $2.3 · BB 68.43%

High volatility

Strength
Bearish
Volume
MFI 0.0 · OBV -58.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.69 - $51.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+92.04% · 11.2 ATR above latest close

$53.89
Nearest resistance

+83.86% · 10.2 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$28.06
Nearest support

-1.34% · 0.2 ATR below · 34-bar low

$27.69
Deeper support zone

-9.52% · 1.2 ATR below latest close

$25.39
ATR zone

Latest close ± ATR14

$25.76 - $30.36

Indicators

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

58.1 / 0.0 / 57.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.82 / $39.64Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

High volatility

$2.3 (8.18%)Bearish
Bollinger Bands (20,2)

Width 68.43%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.19 / $32.32Bearish
ATR channel lower / upper

Current Volatility Envelope

$25.76 / $30.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$27.69Range

Momentum

RSI (14)

Momentum is weak

23.8Bearish
MACD (12,26,9)

Histogram is negative

-2.081Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.0 / 1.1Bullish
Williams %R (14)

Oversold zone

-98.0Bullish
CCI (20)

Weak expansion

-149.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

0.0Bearish
OBV slope

20-period OBV slope

-58.57%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

58.1 / 0.0 / 57.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.82 / $39.64Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

23.8Bearish
MACD (12,26,9)

Histogram is negative

-2.081Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.0 / 1.1Bullish
Williams %R (14)

Oversold zone

-98.0Bullish
CCI (20)

Weak expansion

-149.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

High volatility

$2.3 (8.18%)Bearish
Bollinger Bands (20,2)

Width 68.43%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.19 / $32.32Bearish
ATR channel lower / upper

Current Volatility Envelope

$25.76 / $30.36Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

0.0Bearish
OBV slope

20-period OBV slope

-58.57%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$27.69Range

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