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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.

10 day averaged volume of Mgm Resorts is 2802370

Date Daily Closing Price Open High Low Volume
15 Mon Apr 2024 42.85 43.08 43.95 42.65 1.417 times
12 Fri Apr 2024 42.48 44.12 44.14 42.34 1.607 times
11 Thu Apr 2024 44.72 44.47 45.02 44.13 0.961 times
10 Wed Apr 2024 44.68 45.42 45.49 44.29 1.091 times
09 Tue Apr 2024 46.41 46.39 46.62 46.02 0.794 times
08 Mon Apr 2024 46.30 46.75 47.11 46.14 0.812 times
05 Fri Apr 2024 46.53 45.86 46.64 45.76 0.686 times
04 Thu Apr 2024 45.86 47.33 47.45 45.83 0.964 times
03 Wed Apr 2024 46.75 46.15 47.24 46.07 0.936 times
02 Tue Apr 2024 46.42 47.04 47.13 46.33 1.035 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.3, for a target of 44 or 45.4

Share price targets for Mgm Resorts (MGM)

Target Type Value
Downside Target 39.09
Downside Target 41.25
Upside Target 43.95
Upside Target 45.34
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 42.35
Downside Intraday Target 41.85
Upside Intraday Target 43.65
Upside Intraday Target 44.45
Upside Intraday Target 43.15

Weekly technical analysis of Mgm Resorts (MGM)

Date Weekly Closing Price Open High Low Volume
15 Mon Apr 2024 42.85 43.08 43.95 42.65 0.269 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
22 Fri Mar 2024 44.47 43.10 45.34 42.96 0.848 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
15 Mon Apr 2024 42.85 47.49 48.25 42.34 0.509 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer 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.

ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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 green color and prices are in or below the green 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

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 44.95 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer 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.

ADX buy sell signal for Mgm Resorts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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 green color and prices are in or below the green 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

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 44.95 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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