(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 2024-03-06 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3655010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 42.03 | 42.39 | 42.58 | 41.92 | 0.724 times |
| 05 Tue Mar 2024 | 41.99 | 41.63 | 42.68 | 41.25 | 1.08 times |
| 04 Mon Mar 2024 | 42.01 | 42.67 | 42.75 | 42.00 | 0.863 times |
| 01 Fri Mar 2024 | 42.96 | 42.95 | 43.09 | 42.19 | 1.11 times |
| 29 Thu Feb 2024 | 43.28 | 42.67 | 43.36 | 42.34 | 1.167 times |
| 28 Wed Feb 2024 | 42.19 | 41.64 | 42.29 | 41.60 | 1.133 times |
| 27 Tue Feb 2024 | 42.00 | 42.17 | 42.32 | 41.64 | 0.877 times |
| 26 Mon Feb 2024 | 41.75 | 42.49 | 42.86 | 41.62 | 0.926 times |
| 23 Fri Feb 2024 | 42.58 | 42.35 | 43.20 | 42.34 | 0.94 times |
| 22 Thu Feb 2024 | 42.43 | 42.88 | 42.97 | 42.36 | 0.897 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 41.6 as stoploss in an intra day buy trade for a target of 43.34. However, stock will show a bearish move below 41.6.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 34.39 |
| Downside Target | 39.09 |
| Downside Target | 41.25 |
| Upside Target | 42.75 |
| Upside Target | 43.20 |
| Upside Target | 43.36 |
| Upside Target | 43.93 |
| 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 | 41.27 |
| Downside Intraday Target | 40.51 |
| Upside Intraday Target | 42.77 |
| Upside Intraday Target | 43.51 |
| Downside Intraday Target | 42.01 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 42.03 | 42.67 | 42.75 | 41.25 | 0.512 times |
| 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 |
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 |
| 06 Wed Mar 2024 | 42.03 | 42.95 | 43.09 | 41.25 | 0.139 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 42.36 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 42.36 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.