MGM (MGM) — Downtrend in force
MGM (MGM) is trading at $30.48, -2.1 (3.3%) on the session. Over the last 127 sessions the trend is down with a -18.9% move. Price is -39.9% from its 6-month high and +0.0% from its 6-month low. Annualised volatility (30-day) is ~38%.
Probability scenarios
Bearish bias — 1 bullish, 7 bearish, 0 neutral of 8 signals.
Trend Downtrend in force
MGM (MGM) is trading at $30.48. Over the last 127 sessions the trend is **down** with a -18.9% move.
Price is -39.9% from the 6-month high and +0.0% from the low. Annualised volatility (30-day) is ~38%.
Price is below the 15-day MA ($34.76, -12.3%) and below the 50-day SMA ($40.68).
Bollinger Bands Near the lower band — weakness
Bollinger Bands (20, 2): price is at $30.48, upper $44.03, middle $36.16, lower $28.28. Price is near the lower band — weakness.
Bandwidth is 43.6% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Oversold
RSI(14) is 8.9. 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 $-3.10, signal $-2.56, histogram -0.543.
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 0.47). 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 ($30.48) is -26.3% below the anchored VWAP ($41.38). 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 / 1 support levels
Current price $30.48. Resistance above: $38.33, $39.43, $40.71. Support below: $28.28.
Watch $38.33 as the first upside level to clear, and $28.28 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$38.33
Resistance
$39.43
Resistance
$40.71
Support
$28.28
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (-18.9% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($40.68).
- RSI (14) Bullish RSI 9 — oversold, bounce setup.
- MACD (12,26,9) Bearish Histogram negative (-0.543) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.14).
- Volume profile Bearish Down-day volume exceeds up-day (ratio 0.47) — distribution.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bearish Price below anchored VWAP ($41.38).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:17:35.915009265Z). 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.