US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 weekBearish66%
Weekly Downside probability 66%Bearish

MGM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $40.32 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

Weekly
Momentum StateBearish
Momentum soft

RSI 26.7, MACD -1.880

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.47 (8.1%)

Weekly

EMA Structure

Range
EMA 8$37.59Bearish
EMA 21$40.32Bearish
EMA 50$39.43Bearish

Signals

CategoryReadStrength
Momentum
RSI 26.7 · MACD -1.880

Momentum is weak

Strength
Bearish
Volatility
ATR $2.47 · BB 46.00%

High volatility

Strength
Bearish
Volume
MFI 0.0 · OBV -27.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$29.92 - $51.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+77.36% · 9.5 ATR above latest close

$54.06
Nearest resistance

+69.26% · 8.5 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$30.48
Nearest support

-1.84% · 0.2 ATR below · 34-bar low

$29.92
Deeper support zone

-9.94% · 1.2 ATR below latest close

$27.45
ATR zone

Latest close ± ATR14

$28.01 - $32.95

Indicators

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

50.0 / 5.6 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$23.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.39 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

High volatility

$2.47 (8.1%)Bearish
Bollinger Bands (20,2)

Width 46.00%

-14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.34 / $35.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$28.01 / $32.95Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$29.92Range

Momentum

RSI (14)

Momentum is weak

26.7Bearish
MACD (12,26,9)

Histogram is negative

-1.880Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 2.3Bullish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-214.4Bearish
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

-27.58%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

50.0 / 5.6 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$23.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.39 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

26.7Bearish
MACD (12,26,9)

Histogram is negative

-1.880Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 2.3Bullish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-214.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

High volatility

$2.47 (8.1%)Bearish
Bollinger Bands (20,2)

Width 46.00%

-14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.34 / $35.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$28.01 / $32.95Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

0.0Bearish
OBV slope

20-period OBV slope

-27.58%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$29.92Range

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