US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

4 hoursBearish84%
4h Downside probability 84%Bearish

MGM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $40.8 and stabilize above resistance $42.93.

Invalidation Trigger

Break above $42.93 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 32.6, MACD -0.011

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4211 (1.05%)

4h

EMA Structure

Bearish
EMA 8$40.4Bearish
EMA 21$40.8Bearish
EMA 50$41.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.6 · MACD -0.011

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4211 · BB 3.76%

Low volatility

Strength
Bullish
Volume
MFI 46.4 · OBV -0.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$39.89 - $42.93

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.51% · 8.1 ATR above latest close

$43.35
Nearest resistance

+7.46% · 7.1 ATR above · 34-bar high

$42.93
Current price

Price shown is delayed

$39.95
Nearest support

-0.15% · 0.1 ATR below · 34-bar low

$39.89
Deeper support zone

-1.2% · 1.1 ATR below latest close

$39.47
ATR zone

Latest close ± ATR14

$39.53 - $40.37

Indicators

Trend

Dow Theory Structure

Confirmation $41.2, invalidation $40.05

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

Trend strength is moderate

20.3 / 19.3 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$38.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.74 / $42.1Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Low volatility

$0.4211 (1.05%)Bullish
Bollinger Bands (20,2)

Width 3.76%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$41.61 / $39.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.53 / $40.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$42.93Range
Support

Nearest Downside Decision Level

$39.89Range

Momentum

RSI (14)

Momentum is weak

32.6Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 7.7Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-213.1Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

-0.55%Bearish
Volume ratio

Relative to 20-period average volume

2.23xBullish

Trend

Dow Theory Structure

Confirmation $41.2, invalidation $40.05

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

Trend strength is moderate

20.3 / 19.3 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$38.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.74 / $42.1Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

32.6Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 7.7Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-213.1Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4211 (1.05%)Bullish
Bollinger Bands (20,2)

Width 3.76%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$41.61 / $39.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.53 / $40.37Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

-0.55%Bearish
Volume ratio

Relative to 20-period average volume

2.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$42.93Range
Support

Nearest Downside Decision Level

$39.89Range

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