(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 2024-01-31 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3990230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 43.37 | 43.61 | 44.53 | 43.16 | 1.135 times |
| 30 Tue Jan 2024 | 43.66 | 43.71 | 43.90 | 43.45 | 0.683 times |
| 29 Mon Jan 2024 | 43.85 | 43.62 | 43.94 | 43.24 | 0.73 times |
| 26 Fri Jan 2024 | 43.65 | 43.83 | 43.94 | 43.45 | 0.871 times |
| 25 Thu Jan 2024 | 43.62 | 43.56 | 44.10 | 43.31 | 1.024 times |
| 24 Wed Jan 2024 | 42.86 | 43.61 | 43.66 | 42.77 | 0.966 times |
| 23 Tue Jan 2024 | 43.05 | 43.02 | 43.34 | 42.46 | 0.843 times |
| 22 Mon Jan 2024 | 42.56 | 43.21 | 43.54 | 42.45 | 1.064 times |
| 19 Fri Jan 2024 | 43.00 | 43.05 | 43.26 | 42.26 | 1.37 times |
| 18 Thu Jan 2024 | 42.86 | 42.15 | 42.90 | 41.86 | 1.14 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.4 or till 41.2. Use a stoploss of 43.39 and if the stock hits stoploss, then it can shoot up till 44.37
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 | 43.62 |
| Upside Target | 44.10 |
| Upside Target | 44.53 |
| Upside Target | 44.79 |
| Upside Target | 45.58 |
| Upside Target | 45.91 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 42.84 |
| Downside Intraday Target | 42.32 |
| Upside Intraday Target | 44.21 |
| Upside Intraday Target | 45.06 |
| Upside Intraday Target | 43.69 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 43.37 | 43.62 | 44.53 | 43.16 | 0.534 times |
| 26 Fri Jan 2024 | 43.65 | 43.21 | 44.10 | 42.45 | 0.916 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mgm Resorts (MGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 43.37 | 44.29 | 45.91 | 41.27 | 0.966 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mgm Resorts in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 43.2 and Mgm Resorts (MGM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mgm Resorts in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 43.2 and Mgm Resorts (MGM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.