US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

3 monthsBearish61%
3M Downside probability 61%Bearish

MGM 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $35.37 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

3M
Momentum StateBearish
Momentum soft

RSI 47.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $10.44 (34.24%)

3M

EMA Structure

Range
EMA 8$35.73Bearish
EMA 21$35.37Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD --

Neutral zone

Strength
Bearish
Volatility
ATR $10.44 · BB 64.87%

High volatility

Strength
Bearish
Volume
MFI 42.0 · OBV 16.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$5.9 - $51.59

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+103.5% · 3.0 ATR above latest close

$62.03
Nearest resistance

+69.26% · 2.0 ATR above · 30-bar high

$51.59
Current price

Price shown is delayed

$30.48
Nearest support

-80.64% · 2.4 ATR below · 30-bar low

$5.9
Deeper support zone

-114.88% · 3.4 ATR below latest close

-$4.54
ATR zone

Latest close ± ATR14

$20.04 - $40.92

Indicators

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $25.3

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

Trend strength is moderate

19.2 / 17.4 / 19.1Bearish
Supertrend (10,3)

Price is above Supertrend

-$0.2960Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.78 / --Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

High volatility

$10.44 (34.24%)Bearish
Bollinger Bands (20,2)

Width 64.87%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56 / $14.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.04 / $40.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$5.9Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

19.7 / 42.4Bearish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Weak expansion

-115.7Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

16.78%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $51.59, invalidation $25.3

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

Trend strength is moderate

19.2 / 17.4 / 19.1Bearish
Supertrend (10,3)

Price is above Supertrend

-$0.2960Bullish
Ichimoku Cloud

Cloud Span A / Span B

$35.78 / --Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

19.7 / 42.4Bearish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Weak expansion

-115.7Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$10.44 (34.24%)Bearish
Bollinger Bands (20,2)

Width 64.87%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56 / $14.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.04 / $40.92Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

16.78%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$5.9Range

Related Forecasts