(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 2024-05-21 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3117962
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 40.81 | 41.22 | 41.43 | 40.79 | 0.797 times |
| 20 Mon May 2024 | 41.36 | 41.00 | 41.44 | 40.79 | 1.062 times |
| 17 Fri May 2024 | 41.03 | 41.56 | 41.91 | 40.96 | 0.867 times |
| 16 Thu May 2024 | 41.65 | 41.50 | 42.14 | 41.36 | 1.141 times |
| 15 Wed May 2024 | 41.55 | 41.52 | 41.86 | 41.15 | 0.964 times |
| 14 Tue May 2024 | 41.29 | 41.29 | 41.77 | 40.93 | 1.098 times |
| 13 Mon May 2024 | 40.93 | 41.09 | 41.33 | 40.67 | 0.865 times |
| 10 Fri May 2024 | 40.57 | 40.84 | 40.95 | 40.47 | 0.653 times |
| 09 Thu May 2024 | 40.85 | 40.08 | 40.97 | 40.03 | 0.871 times |
| 08 Wed May 2024 | 40.04 | 40.25 | 40.65 | 39.97 | 1.421 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.3 or till 39.4. Use a stoploss of 41.02 and if the stock hits stoploss, then it can shoot up till 41.76
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.64 |
| Upside Target | 41.74 |
| Upside Target | 42.14 |
| Upside Target | 43.28 |
| Upside Target | 43.50 |
| Upside Target | 45.91 |
| Upside Target | 47.53 |
| Upside Target | 47.55 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 40.59 |
| Downside Intraday Target | 40.36 |
| Upside Intraday Target | 41.24 |
| Upside Intraday Target | 41.66 |
| Upside Intraday Target | 41.01 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 40.81 | 41.00 | 41.44 | 40.79 | 0.377 times |
| 17 Fri May 2024 | 41.03 | 41.09 | 42.14 | 40.67 | 0.906 times |
| 10 Fri May 2024 | 40.57 | 41.40 | 41.74 | 39.97 | 0.581 times |
| 03 Fri May 2024 | 41.04 | 41.67 | 43.50 | 38.64 | 1.981 times |
| 26 Fri Apr 2024 | 41.09 | 43.00 | 43.28 | 41.06 | 0.944 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 Tue May 2024 | 40.81 | 38.92 | 43.50 | 38.64 | 0.838 times |
| 30 Tue Apr 2024 | 39.44 | 47.49 | 48.25 | 39.35 | 1.09 times |
| 28 Thu Mar 2024 | 47.21 | 42.95 | 47.55 | 41.25 | 0.633 times |
| 29 Thu Feb 2024 | 43.28 | 43.98 | 47.53 | 41.60 | 1.077 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 41 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 41 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. 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.