US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

3 monthsRange47%
3M Range probability 94%Range

MGM 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $5.9 - $51.59 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateBearish
Momentum soft

RSI 45.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $10.6 (37.76%)

3M

EMA Structure

Range
EMA 8$35.2Bearish
EMA 21$35.15Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 45.8 · MACD --

Neutral zone

Strength
Bearish
Volatility
ATR $10.6 · BB 66.80%

High volatility

Strength
Bearish
Volume
MFI 41.5 · OBV 15.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$5.9 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+121.62% · 3.2 ATR above latest close

$62.19
Nearest resistance

+83.86% · 2.2 ATR above · 30-bar high

$51.59
Current price

Price shown is delayed

$28.06
Nearest support

-78.97% · 2.1 ATR below · 30-bar low

$5.9
Deeper support zone

-116.73% · 3.1 ATR below latest close

-$4.7
ATR zone

Latest close ± ATR14

$17.46 - $38.66

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $25.3

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

Trend strength is moderate

19.5 / 17.1 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

-$2.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.78 / --Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Volatility

ATR (14)

High volatility

$10.6 (37.76%)Bearish
Bollinger Bands (20,2)

Width 66.80%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.22 / $14.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.46 / $38.66Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$5.9Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

10.5 / 39.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-136.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.5Bearish
OBV slope

20-period OBV slope

15.55%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $25.3

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

Trend strength is moderate

19.5 / 17.1 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

-$2.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.78 / --Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

10.5 / 39.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-136.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$10.6 (37.76%)Bearish
Bollinger Bands (20,2)

Width 66.80%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.22 / $14.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.46 / $38.66Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.5Bearish
OBV slope

20-period OBV slope

15.55%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$5.9Range

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