(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.
10 day averaged volume of Mgm Resorts is 3039170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 42.43 | 43.00 | 43.05 | 42.07 | 0.868 times |
| 19 Fri Apr 2024 | 42.42 | 42.11 | 42.75 | 42.00 | 0.875 times |
| 18 Thu Apr 2024 | 42.04 | 41.89 | 42.76 | 41.52 | 1.153 times |
| 17 Wed Apr 2024 | 42.03 | 43.05 | 43.05 | 42.02 | 0.83 times |
| 16 Tue Apr 2024 | 42.70 | 42.80 | 43.06 | 42.43 | 0.982 times |
| 15 Mon Apr 2024 | 42.85 | 43.08 | 43.95 | 42.65 | 1.307 times |
| 12 Fri Apr 2024 | 42.48 | 44.12 | 44.14 | 42.34 | 1.481 times |
| 11 Thu Apr 2024 | 44.72 | 44.47 | 45.02 | 44.13 | 0.886 times |
| 10 Wed Apr 2024 | 44.68 | 45.42 | 45.49 | 44.29 | 1.006 times |
| 09 Tue Apr 2024 | 46.41 | 46.39 | 46.62 | 46.02 | 0.732 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.9, but if it comes above 42.9, then a intra day buy could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 40.6 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 44.86 as target.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 39.09 |
| Downside Target | 41.25 |
| Upside Target | 43.95 |
| Upside Target | 45.58 |
| Upside Target | 45.76 |
| Upside Target | 45.91 |
| Upside Target | 47.11 |
| 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 | 41.98 |
| Downside Intraday Target | 41.54 |
| Upside Intraday Target | 42.96 |
| Upside Intraday Target | 43.5 |
| Upside Intraday Target | 42.52 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 42.43 | 43.00 | 43.05 | 42.07 | 0.169 times |
| 19 Fri Apr 2024 | 42.42 | 43.08 | 43.95 | 41.52 | 1.06 times |
| 12 Fri Apr 2024 | 42.48 | 46.75 | 47.11 | 42.34 | 1.111 times |
| 05 Fri Apr 2024 | 46.53 | 47.49 | 48.25 | 45.76 | 1.029 times |
| 28 Thu Mar 2024 | 47.21 | 44.46 | 47.55 | 44.23 | 0.925 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 |
| 22 Mon Apr 2024 | 42.43 | 47.49 | 48.25 | 41.52 | 0.737 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 |
| 31 Wed Jan 2024 | 43.37 | 44.29 | 45.91 | 41.27 | 0.966 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 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 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 and selling is picking up 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 43.15 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 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 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 and selling is picking up 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 43.15 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.