(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 2024-03-22 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3130280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 44.47 | 44.72 | 44.95 | 44.33 | 0.593 times |
| 21 Thu Mar 2024 | 44.75 | 44.93 | 45.34 | 44.63 | 0.801 times |
| 20 Wed Mar 2024 | 44.61 | 44.43 | 44.79 | 43.97 | 0.819 times |
| 19 Tue Mar 2024 | 44.47 | 44.12 | 44.48 | 43.71 | 0.867 times |
| 18 Mon Mar 2024 | 44.12 | 43.10 | 44.45 | 42.96 | 1.374 times |
| 15 Fri Mar 2024 | 42.88 | 42.42 | 43.49 | 42.22 | 1.658 times |
| 14 Thu Mar 2024 | 42.77 | 42.58 | 43.53 | 42.50 | 1.26 times |
| 13 Wed Mar 2024 | 42.86 | 42.63 | 43.11 | 42.63 | 0.769 times |
| 12 Tue Mar 2024 | 42.80 | 42.77 | 43.28 | 42.63 | 0.849 times |
| 11 Mon Mar 2024 | 42.64 | 42.46 | 43.05 | 42.31 | 0.718 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.9, but if it comes below 43.9, then a intra day sell could be more profitable.
If you take a sell trade below 43.9, then use 43.9 as stoploss and 43 as target. However if you take a buy trade in stock , then use 43.9 as stoploss and 45.1 as target.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 34.39 |
| Downside Target | 39.09 |
| Downside Target | 41.25 |
| Downside Target | 43.36 |
| Downside Target | 43.53 |
| Downside Target | 43.62 |
| Upside Target | 45.34 |
| Upside Target | 45.58 |
| Upside Target | 45.91 |
| Upside Target | 47.53 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 43.17 |
| Downside Intraday Target | 41.88 |
| Upside Intraday Target | 45.55 |
| Upside Intraday Target | 46.64 |
| Downside Intraday Target | 44.26 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 44.47 | 43.10 | 45.34 | 42.96 | 0.848 times |
| 15 Fri Mar 2024 | 42.88 | 42.46 | 43.53 | 42.22 | 1.062 times |
| 08 Fri Mar 2024 | 42.47 | 42.67 | 43.62 | 41.25 | 0.813 times |
| 01 Fri Mar 2024 | 42.96 | 42.49 | 43.36 | 41.60 | 1.295 times |
| 23 Fri Feb 2024 | 42.58 | 42.32 | 43.20 | 41.74 | 0.373 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 Fri Mar 2024 | 44.47 | 42.95 | 45.34 | 41.25 | 0.503 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 |
| 29 Fri Dec 2023 | 44.68 | 39.32 | 45.58 | 39.09 | 0.949 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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
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 43.55 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 rising upwards.
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 is giving positive 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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
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 43.55 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 rising upwards.
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 is giving positive 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.