US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

MGM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $45.18 and stabilize above resistance $47.2.

Invalidation Trigger

Break above $47.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.9, MACD -0.101

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.7635 (1.72%)

4h

EMA Structure

Bearish
EMA 8$44.72Bearish
EMA 21$45.18Bearish
EMA 50$45.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD -0.101

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7635 · BB 6.09%

Low volatility

Strength
Range
Volume
MFI 33.0 · OBV -0.82%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$43.53 - $47.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.78% · 4.5 ATR above latest close

$47.96
Nearest resistance

+6.07% · 3.5 ATR above · 34-bar high

$47.2
Current price

Price shown is delayed

$44.5
Nearest support

-2.18% · 1.3 ATR below · 34-bar low

$43.53
Deeper support zone

-3.9% · 2.3 ATR below latest close

$42.77
ATR zone

Latest close ± ATR14

$43.74 - $45.26

Indicators

Trend

Dow Theory Structure

Confirmation $43.53, invalidation $45.28

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

Trend strength is active

22.3 / 21.0 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.98 / $45.37Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$0.7635 (1.72%)Range
Bollinger Bands (20,2)

Width 6.09%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.38 / $43.92Range
ATR channel lower / upper

Current Volatility Envelope

$43.74 / $45.26Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.2Range
Support

Nearest Downside Decision Level

$43.53Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.4 / 24.9Bullish
Williams %R (14)

Neutral zone

-73.6Range
CCI (20)

Balanced zone

-94.9Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-0.82%Bearish
Volume ratio

Relative to 20-period average volume

2.26xBullish

Trend

Dow Theory Structure

Confirmation $43.53, invalidation $45.28

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

Trend strength is active

22.3 / 21.0 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.98 / $45.37Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.4 / 24.9Bullish
Williams %R (14)

Neutral zone

-73.6Range
CCI (20)

Balanced zone

-94.9Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.7635 (1.72%)Range
Bollinger Bands (20,2)

Width 6.09%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.38 / $43.92Range
ATR channel lower / upper

Current Volatility Envelope

$43.74 / $45.26Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-0.82%Bearish
Volume ratio

Relative to 20-period average volume

2.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.2Range
Support

Nearest Downside Decision Level

$43.53Range

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