(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 2024-09-16 View latest technical analysis
10 day averaged volume of Mgm Resorts is 4455979
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 36.44 | 36.50 | 36.89 | 35.89 | 1.136 times |
| 13 Fri Sep 2024 | 36.51 | 36.15 | 37.32 | 36.11 | 1.158 times |
| 12 Thu Sep 2024 | 35.90 | 35.43 | 35.99 | 35.00 | 0.909 times |
| 11 Wed Sep 2024 | 35.38 | 34.84 | 35.45 | 34.16 | 0.771 times |
| 10 Tue Sep 2024 | 34.87 | 35.01 | 35.09 | 34.52 | 0.721 times |
| 09 Mon Sep 2024 | 34.97 | 35.25 | 35.65 | 34.94 | 0.946 times |
| 06 Fri Sep 2024 | 35.01 | 35.80 | 36.03 | 34.87 | 1.306 times |
| 05 Thu Sep 2024 | 35.81 | 36.90 | 36.93 | 35.53 | 0.928 times |
| 04 Wed Sep 2024 | 36.61 | 36.29 | 37.31 | 36.29 | 1.127 times |
| 03 Tue Sep 2024 | 36.29 | 37.23 | 37.37 | 36.05 | 1.093 times |
My analysis of stock is bearish for shortterm, and stock might move down till 35.6 or till 33.9. Use a stoploss of 37 and if the stock hits stoploss, then it can shoot up till 38.43
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 34.16 |
| Downside Target | 34.87 |
| Downside Target | 35.89 |
| Upside Target | 38.03 |
| Upside Target | 38.96 |
| Upside Target | 39.29 |
| Upside Target | 40.35 |
| Upside Target | 41.26 |
| Upside Target | 43.50 |
| Upside Target | 44.55 |
| Upside Target | 47.26 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 35.92 |
| Downside Intraday Target | 35.41 |
| Upside Intraday Target | 36.92 |
| Upside Intraday Target | 37.41 |
| Downside Intraday Target | 36.41 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 36.44 | 36.50 | 36.89 | 35.89 | 0.252 times |
| 13 Fri Sep 2024 | 36.51 | 35.25 | 37.32 | 34.16 | 1.012 times |
| 06 Fri Sep 2024 | 35.01 | 37.23 | 37.37 | 34.87 | 4.281 times |
| 30 Fri Aug 2024 | 37.59 | 37.68 | 37.68 | 36.87 | 0.23 times |
| 30 Fri Aug 2024 | 37.59 | 39.28 | 39.29 | 36.47 | 1.076 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 |
| 16 Mon Sep 2024 | 36.44 | 37.23 | 37.37 | 34.16 | 0.338 times |
| 30 Fri Aug 2024 | 37.59 | 40.05 | 40.35 | 33.44 | 1.839 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 |
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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
Stock of Mgm Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.83 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 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 positive
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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
Stock of Mgm Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.83 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.