MGM

MGM (MGM) — Downtrend in force

MGM (MGM) is trading at $30.78, -0.74 (2.02%) on the session. Over the last 128 sessions the trend is down with a -18.1% move. Price is -39.3% from its 6-month high and +2.0% from its 6-month low. Annualised volatility (30-day) is ~39%.

Trend Downtrend in force

MGM (MGM) is trading at $30.78. Over the last 128 sessions the trend is **down** with a -18.1% move.

Price is -39.3% from the 6-month high and +2.0% from the low. Annualised volatility (30-day) is ~39%.

Price is below the 15-day MA ($34.17, -9.9%) and below the 50-day SMA ($40.37).

Bollinger Bands Near the lower band — weakness

Bollinger Bands (20, 2): price is at $30.78, upper $43.60, middle $35.65, lower $27.69. Price is near the lower band — weakness.

Bandwidth is 44.6% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Oversold

RSI(14) is 16.2. A bounce is common from these levels but not guaranteed.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bearish — momentum slowing

MACD (12, 26, 9): line $-3.09, signal $-2.67, histogram -0.422.

The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.

Volume Analysis Distribution — sellers in control

Down-day volume exceeds up-day volume (ratio 0.46). Price falls on heavier volume than it rises on — sellers are more aggressive than buyers.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money distributing

The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Below anchored VWAP — period buyers underwater

Price ($30.78) is -25.5% below the anchored VWAP ($41.34). Period buyers are underwater — overhead supply tends to cap rallies.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 2 support levels

Current price $30.78. Resistance above: $38.33, $39.43, $40.71. Support below: $29.92, $27.69.

Watch $38.33 as the first upside level to clear, and $29.92 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Bearish Linear-regression slope is down (-18.1% over the period).
• Price vs 50-day SMA Bearish Price is below the 50-day SMA ($40.37).
• RSI (14) Bullish RSI 16 — oversold, bounce setup.
• MACD (12,26,9) Bearish Histogram negative (-0.422) — fast line below signal.
• Bollinger %B Bearish Price in the lower half of the bands (%B 0.19).
• Volume profile Bearish Down-day volume exceeds up-day (ratio 0.46) — distribution.
• A/D line Bearish A/D line slope is falling — distribution pressure.
• AVWAP Bearish Price below anchored VWAP ($41.34).

Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:32:58.257036986Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.