(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 2024-11-07 View latest technical analysis
10 day averaged volume of Mgm Resorts is 5312690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 37.67 | 37.69 | 38.42 | 37.40 | 0.565 times |
| 06 Wed Nov 2024 | 37.43 | 37.80 | 38.34 | 37.43 | 1.044 times |
| 05 Tue Nov 2024 | 36.23 | 36.08 | 36.53 | 35.56 | 0.794 times |
| 04 Mon Nov 2024 | 36.40 | 36.45 | 37.36 | 36.22 | 0.676 times |
| 01 Fri Nov 2024 | 36.41 | 37.37 | 37.97 | 36.40 | 1.185 times |
| 31 Thu Oct 2024 | 36.87 | 38.77 | 39.16 | 36.26 | 2.558 times |
| 30 Wed Oct 2024 | 41.41 | 41.46 | 42.07 | 41.15 | 1.206 times |
| 29 Tue Oct 2024 | 41.99 | 41.50 | 42.54 | 41.43 | 0.953 times |
| 28 Mon Oct 2024 | 41.72 | 40.76 | 41.91 | 40.63 | 0.617 times |
| 25 Fri Oct 2024 | 40.36 | 40.56 | 40.82 | 40.12 | 0.441 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 37.6 as stoploss in an intra day buy trade for a target of 39.41. However, stock will show a bearish move below 37.6.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 34.16 |
| Downside Target | 35.56 |
| Upside Target | 38.42 |
| Upside Target | 40.35 |
| Upside Target | 41.19 |
| Upside Target | 41.26 |
| Upside Target | 41.44 |
| Upside Target | 41.64 |
| Upside Target | 42.54 |
| Upside Target | 47.26 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 36.01 |
| Downside Intraday Target | 34.36 |
| Upside Intraday Target | 38.87 |
| Upside Intraday Target | 40.08 |
| Downside Intraday Target | 37.22 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 37.67 | 36.45 | 38.42 | 35.56 | 0.472 times |
| 01 Fri Nov 2024 | 36.41 | 40.76 | 42.54 | 36.26 | 2.498 times |
| 25 Fri Oct 2024 | 40.36 | 41.11 | 41.19 | 39.49 | 0.903 times |
| 18 Fri Oct 2024 | 41.19 | 39.24 | 41.44 | 39.20 | 0.869 times |
| 11 Fri Oct 2024 | 39.66 | 40.50 | 41.64 | 38.44 | 0.899 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 |
| 07 Thu Nov 2024 | 37.67 | 37.37 | 38.42 | 35.56 | 0.249 times |
| 31 Thu Oct 2024 | 36.87 | 38.80 | 42.54 | 36.26 | 0.868 times |
| 30 Mon Sep 2024 | 39.09 | 37.23 | 40.16 | 34.16 | 0.788 times |
| 30 Fri Aug 2024 | 37.59 | 40.05 | 40.35 | 33.44 | 1.839 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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
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 38.32 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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
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 38.32 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.