(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 2024-02-08 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3828520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 46.43 | 45.50 | 46.50 | 45.27 | 1.447 times |
| 07 Wed Feb 2024 | 44.72 | 44.80 | 44.98 | 44.34 | 1.023 times |
| 06 Tue Feb 2024 | 44.69 | 44.88 | 45.39 | 44.54 | 1.089 times |
| 05 Mon Feb 2024 | 44.51 | 44.47 | 44.80 | 43.93 | 0.823 times |
| 02 Fri Feb 2024 | 44.88 | 44.32 | 45.23 | 43.50 | 1.067 times |
| 01 Thu Feb 2024 | 44.71 | 43.98 | 44.73 | 43.62 | 1.367 times |
| 31 Wed Jan 2024 | 43.37 | 43.61 | 44.53 | 43.16 | 1.183 times |
| 30 Tue Jan 2024 | 43.66 | 43.71 | 43.90 | 43.45 | 0.712 times |
| 29 Mon Jan 2024 | 43.85 | 43.62 | 43.94 | 43.24 | 0.761 times |
| 26 Fri Jan 2024 | 43.65 | 43.83 | 43.94 | 43.45 | 0.908 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 46, for a target of 44.7 or 43.55
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 34.12 |
| Downside Target | 38.25 |
| Downside Target | 39.09 |
| Downside Target | 41.27 |
| Downside Target | 42.30 |
| Downside Target | 43.93 |
| Downside Target | 44.10 |
| Downside Target | 45.23 |
| Downside Target | 45.58 |
| Downside Target | 45.91 |
| Upside Target | 46.50 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 44.74 |
| Downside Intraday Target | 43.05 |
| Upside Intraday Target | 47.31 |
| Upside Intraday Target | 48.19 |
| Downside Intraday Target | 45.62 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 46.43 | 44.47 | 46.50 | 43.93 | 0.861 times |
| 02 Fri Feb 2024 | 44.88 | 43.62 | 45.23 | 43.16 | 1.024 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 |
Price has moved up 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 |
| 08 Thu Feb 2024 | 46.43 | 43.98 | 46.50 | 43.50 | 0.283 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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
Stock of Mgm Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.57 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 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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
Stock of Mgm Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.57 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.