(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 2024-05-03 View latest technical analysis
10 day averaged volume of Mgm Resorts is 4230110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 41.04 | 41.40 | 41.64 | 40.74 | 1.035 times |
| 02 Thu May 2024 | 40.87 | 43.50 | 43.50 | 40.62 | 1.764 times |
| 01 Wed May 2024 | 39.75 | 38.92 | 40.41 | 38.64 | 1.74 times |
| 30 Tue Apr 2024 | 39.44 | 41.27 | 41.30 | 39.35 | 1.373 times |
| 29 Mon Apr 2024 | 41.61 | 41.67 | 42.00 | 41.41 | 1.003 times |
| 26 Fri Apr 2024 | 41.09 | 41.69 | 42.38 | 41.06 | 1.107 times |
| 25 Thu Apr 2024 | 42.18 | 42.37 | 42.56 | 42.06 | 0.718 times |
| 24 Wed Apr 2024 | 42.71 | 43.07 | 43.28 | 42.13 | 0.619 times |
| 23 Tue Apr 2024 | 42.85 | 42.69 | 43.13 | 42.47 | 0.423 times |
| 22 Mon Apr 2024 | 42.43 | 43.00 | 43.05 | 42.07 | 0.624 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 40.7 as stoploss in an intra day buy trade for a target of 42.53. However, stock will show a bearish move below 40.7.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.64 |
| Upside Target | 41.06 |
| Upside Target | 43.28 |
| Upside Target | 43.95 |
| 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 | 38.62 |
| Downside Intraday Target | 36.2 |
| Upside Intraday Target | 43.48 |
| Upside Intraday Target | 45.92 |
| Upside Intraday Target | 41.06 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri Apr 2024 | 46.53 | 47.49 | 48.25 | 45.76 | 1.029 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgm Resorts (MGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 41.04 | 38.92 | 43.50 | 38.64 | 0.28 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Mgm Resorts in short term and SELL signal is strong!
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 40.98 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Mgm Resorts in short term and SELL signal is strong!
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 40.98 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.