(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 2024-02-21 View latest technical analysis
10 day averaged volume of Mgm Resorts is 6133430
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 42.30 | 42.20 | 42.65 | 41.95 | 0.6 times |
20 Tue Feb 2024 | 42.36 | 42.32 | 42.61 | 41.74 | 0.705 times |
16 Fri Feb 2024 | 42.54 | 42.61 | 42.91 | 41.98 | 1.004 times |
15 Thu Feb 2024 | 43.10 | 42.93 | 43.45 | 42.51 | 0.937 times |
14 Wed Feb 2024 | 42.80 | 44.10 | 44.45 | 41.68 | 2.738 times |
13 Tue Feb 2024 | 45.66 | 45.61 | 45.96 | 45.04 | 1.124 times |
12 Mon Feb 2024 | 47.02 | 46.96 | 47.53 | 46.63 | 0.638 times |
09 Fri Feb 2024 | 46.74 | 46.67 | 46.86 | 46.21 | 0.634 times |
08 Thu Feb 2024 | 46.43 | 45.50 | 46.50 | 45.27 | 0.903 times |
07 Wed Feb 2024 | 44.72 | 44.80 | 44.98 | 44.34 | 0.639 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.8, but if it comes above 42.8, then a intra day buy could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 41.1 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 44.17 as target.
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 |
Upside Target | 43.93 |
Upside Target | 44.10 |
Upside Target | 45.23 |
Upside Target | 45.58 |
Upside Target | 45.91 |
Upside Target | 46.86 |
Upside Target | 47.53 |
Intraday share price targets for Mgm Resorts (MGM)
Target Type | Value |
Downside Intraday Target | 41.81 |
Downside Intraday Target | 41.32 |
Upside Intraday Target | 42.72 |
Upside Intraday Target | 43.14 |
Downside Intraday Target | 42.23 |
Weekly technical analysis of Mgm Resorts (MGM)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 42.30 | 42.32 | 42.65 | 41.74 | 0.203 times |
16 Fri Feb 2024 | 42.54 | 46.96 | 47.53 | 41.68 | 1.912 times |
09 Fri Feb 2024 | 46.74 | 44.47 | 46.86 | 43.93 | 1.06 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 |
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 |
21 Wed Feb 2024 | 42.30 | 43.98 | 47.53 | 41.68 | 0.842 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 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 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 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 SELL. Signal strength is Strong and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 44.04 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 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 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 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 SELL. Signal strength is Strong and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 44.04 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.