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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 2024-07-17 View latest technical analysis

10 day averaged volume of Mgm Resorts is 2940800

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	46.19	46.45	47.26	46.08	0.95 times
16 Tue Jul 2024	46.78	46.29	46.98	46.06	0.924 times
15 Mon Jul 2024	46.15	46.04	46.43	45.83	0.778 times
12 Fri Jul 2024	46.11	46.01	46.56	45.91	0.883 times
11 Thu Jul 2024	45.84	44.26	46.08	44.20	1.611 times
10 Wed Jul 2024	43.91	43.99	44.01	43.46	0.8 times
09 Tue Jul 2024	43.74	43.79	44.30	43.41	0.918 times
08 Mon Jul 2024	43.69	43.26	43.74	43.01	0.894 times
05 Fri Jul 2024	43.04	42.84	43.30	42.60	1.559 times
03 Wed Jul 2024	43.28	42.98	43.98	42.69	0.816 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.3, but if it comes below 45.3, then a intra day sell could be more profitable.
If you take a sell trade below 45.3, then use 45.3 as stoploss and 43.78 as target. However if you take a buy trade in stock , then use 45.3 as stoploss and 47.2 as target.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	38.03
Downside Target	38.96
Downside Target	41.25
Downside Target	44.55
Downside Target	44.67
Downside Target	45.83
Upside Target	46.56
Upside Target	47.26
Upside Target	47.55
Upside Target	48.25

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	45.59
Downside Intraday Target	45
Upside Intraday Target	47.02
Upside Intraday Target	47.86
Upside Intraday Target	46.43

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	46.19	46.04	47.26	45.83	0.519 times
12 Fri Jul 2024	46.11	43.26	46.56	43.01	2.15 times
05 Fri Jul 2024	43.04	42.98	43.98	42.60	0.754 times
03 Wed Jul 2024	43.28	44.55	44.67	42.25	0.52 times
28 Fri Jun 2024	44.44	42.00	44.55	41.64	1.163 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
17 Wed Jul 2024	46.19	44.55	47.26	42.25	0.555 times
28 Fri Jun 2024	44.44	40.17	44.55	38.96	0.815 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

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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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

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 44.84 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.