US stock / ETF

MGM RESORTS INTERNATIONAL

MGM · NYSE · USD

4 hoursBearish57%
4h Downside probability 57%Bearish

MGM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $47.05 and stabilize above resistance $51.59.

Invalidation Trigger

Break above $51.59 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 52.0, MACD -0.272

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.7836 (1.67%)

4h

EMA Structure

Bullish
EMA 8$47.08Bearish
EMA 21$47.05Bearish
EMA 50$45.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.0 · MACD -0.272

Neutral zone

Strength
Bearish
Volatility
ATR $0.7836 · BB 6.85%

Low volatility

Strength
Range
Volume
MFI 25.9 · OBV 2.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.17 - $51.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.41% · 6.8 ATR above latest close

$52.37
Nearest resistance

+9.74% · 5.8 ATR above · 34-bar high

$51.59
Current price

Price shown is delayed

$47.01
Nearest support

-1.79% · 1.1 ATR below · 34-bar low

$46.17
Deeper support zone

-3.45% · 2.1 ATR below latest close

$45.39
ATR zone

Latest close ± ATR14

$46.23 - $47.79

Indicators

Trend

Dow Theory Structure

Confirmation $49.8, invalidation $46.21

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

Trend strength is moderate

16.8 / 14.9 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$44.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.56 / $43.49Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$0.7836 (1.67%)Range
Bollinger Bands (20,2)

Width 6.85%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.52 / $45.64Range
ATR channel lower / upper

Current Volatility Envelope

$46.23 / $47.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$46.17Range

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-0.272Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.3 / 25.7Bearish
Williams %R (14)

Neutral zone

-77.7Range
CCI (20)

Balanced zone

-45.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.9Bearish
OBV slope

20-period OBV slope

2.95%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $49.8, invalidation $46.21

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

Trend strength is moderate

16.8 / 14.9 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$44.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.56 / $43.49Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-0.272Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.3 / 25.7Bearish
Williams %R (14)

Neutral zone

-77.7Range
CCI (20)

Balanced zone

-45.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.7836 (1.67%)Range
Bollinger Bands (20,2)

Width 6.85%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.52 / $45.64Range
ATR channel lower / upper

Current Volatility Envelope

$46.23 / $47.79Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.9Bearish
OBV slope

20-period OBV slope

2.95%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.59Range
Support

Nearest Downside Decision Level

$46.17Range

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