MGM (MGM) — Downtrend in force
MGM (MGM) is trading at $44.38, -0.19 (-0.43%) on the session. Over the last 125 sessions the trend is down with a +16.6% move. Price is -12.4% from its 6-month high and +30.0% from its 6-month low. Annualised volatility (30-day) is ~21%.
Probability scenarios
Bearish bias — 1 bullish, 5 bearish, 2 neutral of 8 signals.
Trend Downtrend in force
MGM (MGM) is trading at $44.38. Over the last 125 sessions the trend is **down** with a +16.6% move.
Price is -12.4% from the 6-month high and +30.0% from the low. Annualised volatility (30-day) is ~21%.
Price is below the 15-day MA ($45.36, -2.2%) and below the 50-day SMA ($46.68).
Bollinger Bands Near the lower band — weakness
Bollinger Bands (20, 2): price is at $44.38, upper $47.42, middle $45.71, lower $43.99. Price is near the lower band — weakness.
Bandwidth is 7.5% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 36.8. Momentum has faded; the bullish case needs rebuilding.
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 $-0.42, signal $-0.24, histogram -0.184.
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 Balanced volume
Up-day and down-day volume are roughly even (ratio 1.02) over the recent 19 sessions — no strong conviction either way.
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 on hold
The A/D line slope is flat and the line is well off highs — institutions are neither aggressively accumulating nor distributing.
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 Above anchored VWAP — period buyers in profit
Price ($44.38) is +9.0% above the anchored VWAP ($40.73). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
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 / 1 support levels
Current price $44.38. Resistance above: $45.28, $46.14, $46.85. Support below: $43.94.
Watch $45.28 as the first upside level to clear, and $43.94 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$45.28
Resistance
$46.14
Resistance
$46.85
Support
$43.94
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+16.6% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($46.68).
- RSI (14) Bearish RSI 37 — below 50, momentum fading.
- MACD (12,26,9) Bearish Histogram negative (-0.184) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.11).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Neutral A/D line slope is flat.
- AVWAP Bullish Price above anchored VWAP ($40.73).
Generated from 125 daily closes in the scraped 6-month OHLCV series (quote data 2026-08-07T14:02:26.226806528Z). 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.