US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

1 weekBullish79%
Weekly Upside probability 79%Bullish

MGM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $32.14 and reclaim $51.59.

Invalidation Trigger

Lose $32.14 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 57.6, MACD -0.087

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.24 (7.23%)

Weekly

EMA Structure

Bullish
EMA 8$45.33Bearish
EMA 21$42.98Bullish
EMA 50$39.76Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.6 · MACD -0.087

Momentum is strong

Strength
Range
Volatility
ATR $3.24 · BB 42.18%

High volatility

Strength
Bearish
Volume
MFI 46.5 · OBV 37.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$32.14 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.48% · 3.1 ATR above latest close

$54.83
Nearest resistance

+15.25% · 2.1 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$44.77
Nearest support

-28.2% · 3.9 ATR below · 34-bar low

$32.14
Deeper support zone

-35.43% · 4.9 ATR below latest close

$28.9
ATR zone

Latest close ± ATR14

$41.53 - $48

Indicators

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

49.1 / 33.6 / 15.7Bullish
Supertrend (10,3)

Price is above Supertrend

$35.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.78 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

High volatility

$3.24 (7.23%)Bearish
Bollinger Bands (20,2)

Width 42.18%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $36.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$41.53 / $48Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$32.14Range

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

-0.087Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 59.2Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

29.0Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

37.49%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Trend

Dow Theory Structure

Confirmation $50.55, invalidation $35.32

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

Trend strength is active

49.1 / 33.6 / 15.7Bullish
Supertrend (10,3)

Price is above Supertrend

$35.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.78 / $40.39Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

-0.087Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 59.2Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

29.0Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$3.24 (7.23%)Bearish
Bollinger Bands (20,2)

Width 42.18%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $36.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$41.53 / $48Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

37.49%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$32.14Range

Related Forecasts