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(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 2024-04-25 View latest technical analysis

10 day averaged volume of Mgm Resorts is 2988340

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 42.18 42.37 42.56 42.06 1.016 times
24 Wed Apr 2024 42.71 43.07 43.28 42.13 0.876 times
23 Tue Apr 2024 42.85 42.69 43.13 42.47 0.599 times
22 Mon Apr 2024 42.43 43.00 43.05 42.07 0.883 times
19 Fri Apr 2024 42.42 42.11 42.75 42.00 0.89 times
18 Thu Apr 2024 42.04 41.89 42.76 41.52 1.172 times
17 Wed Apr 2024 42.03 43.05 43.05 42.02 0.844 times
16 Tue Apr 2024 42.70 42.80 43.06 42.43 0.999 times
15 Mon Apr 2024 42.85 43.08 43.95 42.65 1.329 times
12 Fri Apr 2024 42.48 44.12 44.14 42.34 1.507 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.4, but if it comes above 42.4, then a intra day buy could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 39.9 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 44.37 as target.

Share price targets for Mgm Resorts (MGM)

Target Type Value
Downside Target 39.09
Downside Target 41.25
Upside Target 43.28
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 41.73
Downside Intraday Target 41.29
Upside Intraday Target 42.95
Upside Intraday Target 43.73
Upside Intraday Target 42.51

Weekly technical analysis of Mgm Resorts (MGM)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 42.18 43.00 43.28 42.06 0.645 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 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
25 Thu Apr 2024 42.18 47.49 48.25 41.52 0.855 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.

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 coming down

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 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 42.46 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.

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 coming down

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 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 42.46 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.

Daily charts

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Daily chart
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