US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

MGM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $31.63 and stabilize above resistance $39.41.

Invalidation Trigger

Break above $39.41 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 31.3, MACD 0.149

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4298 (1.41%)

4h

EMA Structure

Bearish
EMA 8$30.65Bearish
EMA 21$31.63Bearish
EMA 50$34.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.3 · MACD 0.149

Momentum is weak

Strength
Range
Volatility
ATR $0.4298 · BB 9.29%

Low volatility

Strength
Bullish
Volume
MFI 33.1 · OBV -205.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$30.05 - $39.41

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.49% · 21.7 ATR above latest close

$39.84
Nearest resistance

+29.08% · 20.7 ATR above · 34-bar high

$39.41
Current price

Price shown is delayed

$30.53
Nearest support

-1.59% · 1.1 ATR below · 34-bar low

$30.05
Deeper support zone

-3% · 2.1 ATR below latest close

$29.62
ATR zone

Latest close ± ATR14

$30.1 - $30.96

Indicators

Trend

Dow Theory Structure

Confirmation $30.05, invalidation $31.1

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

53.3 / 16.9 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$29.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.47 / $34.89Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$0.4298 (1.41%)Bullish
Bollinger Bands (20,2)

Width 9.29%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.41 / $30.68Bullish
ATR channel lower / upper

Current Volatility Envelope

$30.1 / $30.96Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.41Range
Support

Nearest Downside Decision Level

$30.05Range

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is positive

0.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.5 / 16.4Bullish
Williams %R (14)

Neutral zone

-74.5Range
CCI (20)

Balanced zone

-87.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.1Bearish
OBV slope

20-period OBV slope

-205.53%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $30.05, invalidation $31.1

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

53.3 / 16.9 / 37.9Bearish
Supertrend (10,3)

Price is above Supertrend

$29.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.47 / $34.89Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is positive

0.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.5 / 16.4Bullish
Williams %R (14)

Neutral zone

-74.5Range
CCI (20)

Balanced zone

-87.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.4298 (1.41%)Bullish
Bollinger Bands (20,2)

Width 9.29%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$32.41 / $30.68Bullish
ATR channel lower / upper

Current Volatility Envelope

$30.1 / $30.96Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.1Bearish
OBV slope

20-period OBV slope

-205.53%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.41Range
Support

Nearest Downside Decision Level

$30.05Range

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