(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 2024-03-01 View latest technical analysis
10 day averaged volume of Mgm Resorts is 4161520
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 42.96 | 42.95 | 43.09 | 42.19 | 0.975 times |
29 Thu Feb 2024 | 43.28 | 42.67 | 43.36 | 42.34 | 1.025 times |
28 Wed Feb 2024 | 42.19 | 41.64 | 42.29 | 41.60 | 0.995 times |
27 Tue Feb 2024 | 42.00 | 42.17 | 42.32 | 41.64 | 0.77 times |
26 Mon Feb 2024 | 41.75 | 42.49 | 42.86 | 41.62 | 0.813 times |
23 Fri Feb 2024 | 42.58 | 42.35 | 43.20 | 42.34 | 0.825 times |
22 Thu Feb 2024 | 42.43 | 42.88 | 42.97 | 42.36 | 0.788 times |
21 Wed Feb 2024 | 42.30 | 42.20 | 42.65 | 41.95 | 0.885 times |
20 Tue Feb 2024 | 42.36 | 42.32 | 42.61 | 41.74 | 1.038 times |
16 Fri Feb 2024 | 42.54 | 42.61 | 42.91 | 41.98 | 1.479 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.1 or till 40.1. Use a stoploss of 43.75 and if the stock hits stoploss, then it can shoot up till 45.4
Share price targets for Mgm Resorts (MGM)
Target Type | Value |
Downside Target | 34.39 |
Downside Target | 39.09 |
Downside Target | 41.27 |
Upside Target | 43.09 |
Upside Target | 43.36 |
Upside Target | 43.93 |
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 | 41.92 |
Downside Intraday Target | 40.88 |
Upside Intraday Target | 43.68 |
Upside Intraday Target | 44.4 |
Downside Intraday Target | 42.64 |
Weekly technical analysis of Mgm Resorts (MGM)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 42.96 | 42.49 | 43.36 | 41.60 | 1.295 times |
23 Fri Feb 2024 | 42.58 | 42.32 | 43.20 | 41.74 | 0.373 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 |
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 |
01 Fri Mar 2024 | 42.96 | 42.95 | 43.09 | 42.19 | 0.041 times |
29 Thu Feb 2024 | 43.28 | 43.98 | 47.53 | 41.60 | 1.077 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 |
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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Mgm Resorts in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 42.47 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 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Mgm Resorts in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 42.47 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 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.