(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 4920600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 40.85 | 40.08 | 40.97 | 40.03 | 0.552 times |
| 08 Wed May 2024 | 40.04 | 40.25 | 40.65 | 39.97 | 0.9 times |
| 07 Tue May 2024 | 40.64 | 40.99 | 41.09 | 40.50 | 0.67 times |
| 06 Mon May 2024 | 41.01 | 41.40 | 41.74 | 40.52 | 0.916 times |
| 03 Fri May 2024 | 41.04 | 41.40 | 41.64 | 40.74 | 0.89 times |
| 02 Thu May 2024 | 40.87 | 43.50 | 43.50 | 40.62 | 1.517 times |
| 01 Wed May 2024 | 39.75 | 38.92 | 40.41 | 38.64 | 1.496 times |
| 30 Tue Apr 2024 | 39.44 | 41.27 | 41.30 | 39.35 | 1.18 times |
| 29 Mon Apr 2024 | 41.61 | 41.67 | 42.00 | 41.41 | 0.862 times |
| 26 Fri Apr 2024 | 41.09 | 41.69 | 42.38 | 41.06 | 0.952 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.5 as stoploss in an intra day buy trade for a target of 41.55. However, stock will show a bearish move below 40.5.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.64 |
| Upside Target | 41.06 |
| Upside Target | 43.28 |
| Upside Target | 43.50 |
| Upside Target | 43.95 |
| 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 | 39.97 |
| Downside Intraday Target | 39.08 |
| Upside Intraday Target | 41.74 |
| Upside Intraday Target | 42.62 |
| Upside Intraday Target | 40.85 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 40.85 | 41.40 | 41.74 | 39.97 | 0.511 times |
| 03 Fri May 2024 | 41.04 | 41.67 | 43.50 | 38.64 | 1.981 times |
| 26 Fri Apr 2024 | 41.09 | 43.00 | 43.28 | 41.06 | 0.944 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 |
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 |
| 09 Thu May 2024 | 40.85 | 38.92 | 43.50 | 38.64 | 0.499 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 |
| 29 Thu Feb 2024 | 43.28 | 43.98 | 47.53 | 41.60 | 1.077 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
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
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 40.55 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
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
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 40.55 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.