(MGM) Mgm Resorts complete technical analysis [charts+indicators] | Buy/Sell Mgm Resorts | (MGM) share price targets
Complete technical analysis of Mgm Resorts (MGM) by charts plus indicators, forecast predictions and share price targets for Mgm Resorts (MGM)
Mgm Resorts trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-01-19 View latest technical analysis
10 day averaged volume of Mgm Resorts is 4568830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 43.00 | 43.05 | 43.26 | 42.26 | 1.196 times |
| 18 Thu Jan 2024 | 42.86 | 42.15 | 42.90 | 41.86 | 0.995 times |
| 17 Wed Jan 2024 | 41.63 | 41.61 | 41.94 | 41.27 | 1.143 times |
| 16 Tue Jan 2024 | 42.27 | 42.00 | 42.50 | 41.74 | 1.214 times |
| 12 Fri Jan 2024 | 42.37 | 43.25 | 43.62 | 42.30 | 0.964 times |
| 12 Fri Jan 2024 | 42.37 | 43.25 | 43.62 | 42.30 | 0.964 times |
| 11 Thu Jan 2024 | 43.41 | 43.37 | 43.75 | 42.48 | 0.933 times |
| 10 Wed Jan 2024 | 43.49 | 44.46 | 44.84 | 43.38 | 1.223 times |
| 09 Tue Jan 2024 | 44.61 | 45.18 | 45.33 | 44.26 | 1.073 times |
| 08 Mon Jan 2024 | 45.91 | 44.74 | 45.91 | 44.72 | 0.789 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 42.8 as stoploss in an intra day buy trade for a target of 43.95. However, stock will show a bearish move below 42.8.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 34.12 |
| Downside Target | 36.05 |
| Downside Target | 38.25 |
| Downside Target | 39.09 |
| Downside Target | 41.27 |
| Downside Target | 42.30 |
| Upside Target | 43.26 |
| Upside Target | 44.58 |
| Upside Target | 44.79 |
| Upside Target | 45.23 |
| Upside Target | 45.58 |
| Upside Target | 45.91 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 41.76 |
| Downside Intraday Target | 40.52 |
| Upside Intraday Target | 43.75 |
| Upside Intraday Target | 44.5 |
| Downside Intraday Target | 42.51 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 43.00 | 42.00 | 43.26 | 41.27 | 4.718 times |
| 12 Fri Jan 2024 | 42.37 | 43.25 | 43.62 | 42.30 | 0.193 times |
| 12 Fri Jan 2024 | 42.37 | 44.74 | 45.91 | 42.30 | 1.526 times |
| 05 Fri Jan 2024 | 44.83 | 44.29 | 45.91 | 43.49 | 5.663 times |
| 29 Fri Dec 2023 | 44.68 | 44.95 | 45.23 | 44.58 | 0.264 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgm Resorts (MGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 43.00 | 44.29 | 45.91 | 41.27 | 0.66 times |
| 29 Fri Dec 2023 | 44.68 | 39.32 | 45.58 | 39.09 | 0.949 times |
| 30 Thu Nov 2023 | 39.44 | 35.05 | 41.31 | 34.39 | 0.958 times |
| 31 Tue Oct 2023 | 34.92 | 36.73 | 38.25 | 34.12 | 0.935 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mgm Resorts (MGM)
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mgm Resorts stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term but the sell signal is initial and weak.
Mgm Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgm Resorts in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgm Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.11 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mgm Resorts (MGM) stock. Volume based technical analysis of Mgm Resorts (MGM) stock is negative.
Mgm Resorts Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mgm Resorts stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term but the sell signal is initial and weak.
Mgm Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgm Resorts in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgm Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.11 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mgm Resorts (MGM) stock. Volume based technical analysis of Mgm Resorts (MGM) stock is negative.
Mgm Resorts Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.