(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 2024-08-07 View latest technical analysis
10 day averaged volume of Mgm Resorts is 7140741
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 36.44 | 36.79 | 37.58 | 36.40 | 1.375 times |
| 06 Tue Aug 2024 | 35.40 | 34.25 | 35.95 | 34.24 | 1.016 times |
| 05 Mon Aug 2024 | 34.07 | 33.79 | 34.51 | 33.44 | 1.399 times |
| 02 Fri Aug 2024 | 35.48 | 36.52 | 36.62 | 35.00 | 1.792 times |
| 01 Thu Aug 2024 | 37.29 | 40.05 | 40.35 | 36.62 | 2.863 times |
| 31 Wed Jul 2024 | 42.97 | 43.13 | 43.99 | 42.93 | 0.686 times |
| 30 Tue Jul 2024 | 42.78 | 42.76 | 43.50 | 42.63 | 0.415 times |
| 29 Mon Jul 2024 | 42.78 | 41.26 | 43.15 | 41.26 | 0.473 times |
| 26 Fri Jul 2024 | 41.84 | 42.22 | 42.22 | 41.33 | 0.383 times |
| 25 Thu Jul 2024 | 41.44 | 42.50 | 42.78 | 41.40 | 0.511 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.1, but if it comes above 38.1, then a intra day buy could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 33.3 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 42.11 as target.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 35.00 |
| Upside Target | 37.58 |
| Upside Target | 38.96 |
| Upside Target | 40.35 |
| Upside Target | 41.26 |
| Upside Target | 43.01 |
| Upside Target | 44.71 |
| Upside Target | 45.54 |
| Upside Target | 46.56 |
| Upside Target | 47.26 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 34.06 |
| Downside Intraday Target | 31.68 |
| Upside Intraday Target | 38.2 |
| Upside Intraday Target | 39.96 |
| Downside Intraday Target | 35.82 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 36.44 | 33.79 | 37.58 | 33.44 | 0.608 times |
| 02 Fri Aug 2024 | 35.48 | 41.26 | 43.99 | 35.00 | 2.578 times |
| 26 Fri Jul 2024 | 41.84 | 45.40 | 45.54 | 41.33 | 1.377 times |
| 19 Fri Jul 2024 | 45.37 | 46.04 | 47.26 | 44.71 | 0.834 times |
| 12 Fri Jul 2024 | 46.11 | 43.26 | 46.56 | 43.01 | 2.15 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 |
| 07 Wed Aug 2024 | 36.44 | 40.05 | 40.35 | 33.44 | 0.834 times |
| 31 Wed Jul 2024 | 42.97 | 44.55 | 47.26 | 41.26 | 1.027 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
Mgm Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 37.45 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
Mgm Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 37.45 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.