That is a valid result; the scanner does not force a pattern.
Simple research view
MGM · MGM Resorts International
$27.99 -1.93% Oct 27 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$MGM
MGM Resorts InternationalMGM Resorts International is a mid-cap Casinos/Gaming company in the Consumer Services sector with a market cap of $7B.
Market Structure
Trend structure: downtrend
Latest event: bos
(bearish)
Resistance
37.97–38.19
· 4 touches · moderate
Resistance
35.20–35.47
· 4 touches · moderate
Resistance
46.09–46.16
· 4 touches · moderate
Resistance
37.50–37.78
· 4 touches · moderate
Resistance
33.75–33.85
· 3 touches · moderate
Momentum Turn Watch
Bollinger Lower-Band Support
Price ($27.99) is holding just above the lower Bollinger band ($27.66; %B 9) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Earnings
Post-earnings setup
Next earnings
Tuesday, October 27, 2026
After market close
Exact clock time not supplied by source
Deterministic evidence
MGM-1.93%
Broad market · SPY+0.56%
CatalystUnavailable
Stock reactionNegative
Sector reactionUnavailable
Opening surge—
Event riskEarnings-driven
Session internals Weak
Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.
Vs prior close-1.93%
From the open-2.00%
Range position16%
GapNo gap
QQQ confirmationDiverging (+1.27%)
SMH confirmationDiverging (+3.02%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$27.68
Tight Wks
1
Base
B1
SMA 200
$39.14
ADR%
3.1%
ATR(14)
$0.95 (3.4%)
Vol Pace (live)
N/A
A/D Days
8A / 15D
A/D Rating
E
Earnings
TODAY
MGM Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$MGM · $27.99 · as of 2026-10-27 · multi-factor read
14
/ 100
Trend · Daily / Weekly / Monthly
Daily
▼ Downtrend
Weekly
▼ Downtrend
Monthly
▼ Downtrend
Moving Averages
50-day$35.68 ↓
100-day$41.00 ↓
200-day$39.14 ↓
Death Cross (fresh)
RSI (14)
Reading26.8 · Oversold
Oversold — sellers extended; a relief bounce is possible.
MACD (12/26/9)
StateImproving
Histogram+0.306
Improving — MACD crossed above its signal line but still below zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width9% · 11.9%
Near the lower band — under pressure or oversold.
Volume · Buyer vs Seller
Up/Down vol0.64 · Distribution
Rel volume1.03×
Pocket pivots · 10d0
5d vs 50d vol128%
Heavy vol up / down1 / 6
Distribution — volume is concentrated on down days; sellers dominate. Recent volume is expanding versus its baseline.
- 6 heavy-volume down days vs 1 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $39.23swing level
R · $40.94swing level
R · $44.31swing level
Price · $27.99now
S · $27.6852-week low
Fibonacci · Downtrend swing
23.6%$33.32
38.2%$36.81
50.0%$39.64
61.8%$42.46
78.6%$46.47
Retracement resistance zones measured from the recent swing high down to the low.
The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for MGM — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Daily downtrendWeekly downtrendMonthly downtrendBelow 200-day MA50/200 bearishRSI oversold
Want this read in a legend's voice?
Ask a Legend about MGM
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Bearish Engulfing — Today's down candle engulfs yesterday's up candle — a bearish reversal warning, most significant after an extended advance.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -16
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
1/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$27.99 vs SMA150 $40.34 / SMA200 $39.14
SMA 150 above SMA 200
SMA150 $40.34 vs SMA200 $39.14
SMA 200 trending up
Slope -0.71 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $35.68
Price above SMA 50
$27.99 vs SMA50 $35.68
30%+ above 52-week low
+1.1% from $27.68
Within 25% of 52-week high
-45.7% from $51.59
RS score above 70
RS 50
Fundamentals
52W Range
1%
Mkt Cap SEC
7.2B
EPS QoQ
-14%
Rev YoY
+2%
ROE
7%
Gross Margin
44%
D/E
2.67
EPS TTM
$0.76
P/E TTM
36.8x
Float
252M
Insider
No Buy
Company
Company profile
MGM Resorts International
Scan History
Jul 30
Trend Only
✓ Gate
85
Jul 30
Trend Only
✓ Gate
84
-38.7%
Jul 30
Trend Only
✓ Gate
82
-38.7%
Jul 29
Pocket Pivot
✓ Gate
80
-38.9%
Latest News
Headlines for MGMLoading headlines…
Get the full picture on MGM
Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.
Start 7-Day Free Trial