US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

4 hoursBearish72%
4h Downside probability 72%Bearish

MGM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $28.82 and stabilize above resistance $29.86.

Invalidation Trigger

Break above $29.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.8, MACD -0.052

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.4557 (1.62%)

4h

EMA Structure

Bearish
EMA 8$28.61Bearish
EMA 21$28.82Bearish
EMA 50$29.49Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.8 · MACD -0.052

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4557 · BB 5.74%

Low volatility

Strength
Range
Volume
MFI 50.4 · OBV 13.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.69 - $29.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.92% · 4.9 ATR above latest close

$30.32
Nearest resistance

+6.3% · 3.9 ATR above · 34-bar high

$29.86
Current price

Price shown is delayed

$28.09
Nearest support

-1.44% · 0.9 ATR below · 34-bar low

$27.69
Deeper support zone

-3.06% · 1.9 ATR below latest close

$27.23
ATR zone

Latest close ± ATR14

$27.63 - $28.55

Indicators

Trend

Dow Theory Structure

Confirmation $29.71, invalidation $28.55

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

Trend strength is active

23.2 / 16.2 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$26.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.73 / $29.2Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$0.4557 (1.62%)Range
Bollinger Bands (20,2)

Width 5.74%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.89 / $27.73Range
ATR channel lower / upper

Current Volatility Envelope

$27.63 / $28.55Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.86Range
Support

Nearest Downside Decision Level

$27.69Range

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.0 / 15.2Bullish
Williams %R (14)

Neutral zone

-80.0Range
CCI (20)

Weak expansion

-147.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

13.04%Bullish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Trend

Dow Theory Structure

Confirmation $29.71, invalidation $28.55

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

Trend strength is active

23.2 / 16.2 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$26.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.73 / $29.2Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.0 / 15.2Bullish
Williams %R (14)

Neutral zone

-80.0Range
CCI (20)

Weak expansion

-147.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4557 (1.62%)Range
Bollinger Bands (20,2)

Width 5.74%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.89 / $27.73Range
ATR channel lower / upper

Current Volatility Envelope

$27.63 / $28.55Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

13.04%Bullish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.86Range
Support

Nearest Downside Decision Level

$27.69Range

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