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(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 2024-06-24 View latest technical analysis

10 day averaged volume of Mgm Resorts is 3694440

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	42.45	42.00	42.59	41.84	1.044 times
21 Fri Jun 2024	42.00	41.70	42.21	41.59	2.401 times
20 Thu Jun 2024	41.70	40.50	42.25	40.41	1.006 times
18 Tue Jun 2024	40.53	40.20	40.73	40.00	0.742 times
18 Tue Jun 2024	40.53	40.20	40.73	40.00	0.742 times
17 Mon Jun 2024	40.39	39.61	40.43	38.96	0.802 times
14 Fri Jun 2024	39.85	40.00	40.27	39.53	0.726 times
13 Thu Jun 2024	40.53	40.35	40.62	40.11	0.839 times
12 Wed Jun 2024	40.47	41.46	41.70	40.14	1.091 times
11 Tue Jun 2024	40.77	40.65	40.84	39.86	0.8 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 42.5, for a target of 41.3 or 40.36

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	38.03
Downside Target	38.96
Downside Target	41.70
Downside Target	41.84
Downside Target	42.25
Upside Target	42.59
Upside Target	43.50
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	42
Downside Intraday Target	41.54
Upside Intraday Target	42.75
Upside Intraday Target	43.04
Downside Intraday Target	42.29

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	42.45	42.00	42.59	41.84	0.252 times
21 Fri Jun 2024	42.00	40.20	42.25	40.00	2.687 times
18 Tue Jun 2024	40.53	39.61	40.73	38.96	0.359 times
14 Fri Jun 2024	39.85	40.47	41.70	39.53	1.017 times
07 Fri Jun 2024	40.69	40.17	40.72	39.38	0.855 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
24 Mon Jun 2024	42.45	40.17	42.59	38.96	0.653 times
31 Fri May 2024	40.17	38.92	43.50	38.03	1.262 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

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 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 41.14 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.